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$149,639$149,639$242,910
Remaining term (yrs)21.821.830.0
Secondary amount$0$93,271$0
Funding fee$0$0$0
Note rate4.520%4.520%7.240%
Blended rate5.370%6.764%7.480%
1st payment$897.56$897.56$1,655.43
2nd payment$0.00$699.54$0.00
Taxes / mo$140.08$140.08$140.08
Insurance / mo$150.00$150.00$150.00
MI / mo$125.18$125.18$48.58
HOA / mo$135.00$135.00$135.00
Total monthly$1,447.83$2,147.36$2,129.09
Cash to close$120,261$26,990$26,990