Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · FHA
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$240,806$240,806$404,991
Remaining term (yrs)22.322.330.0
Secondary amount$0$164,185$0
Funding fee$0$0$0
Note rate4.450%4.450%7.240%
Blended rate5.300%6.395%7.480%
1st payment$1,416.24$1,416.24$2,760.01
2nd payment$0.00$1,094.57$0.00
Taxes / mo$635.08$635.08$635.08
Insurance / mo$150.00$150.00$150.00
MI / mo$199.15$199.15$81.00
HOA / mo$175.00$175.00$175.00
Total monthly$2,575.48$3,670.05$3,801.09
Cash to close$209,184$44,999$44,999