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$131,754$131,754$494,999
Remaining term (yrs)14.814.830.0
Secondary amount$0$363,245$0
Funding fee$0$0$0
Note rate4.490%4.490%7.240%
Blended rate5.340%7.109%7.480%
1st payment$1,011.19$1,011.19$3,373.41
2nd payment$0.00$2,345.96$0.00
Taxes / mo$458.33$458.33$458.33
Insurance / mo$166.67$166.67$166.67
MI / mo$141.53$141.53$99.00
HOA / mo$425.00$425.00$425.00
Total monthly$2,202.71$4,548.67$4,522.41
Cash to close$418,245$55,000$55,000