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$79,759$79,759$161,910
Remaining term (yrs)22.822.830.0
Secondary amount$0$82,151$0
Funding fee$0$0$0
Note rate3.820%3.820%7.320%
Blended rate4.670%6.867%7.560%
1st payment$435.70$435.70$1,112.21
2nd payment$0.00$616.14$0.00
Taxes / mo$129.33$129.33$129.33
Insurance / mo$150.00$150.00$150.00
MI / mo$66.07$66.07$32.38
HOA / mo$0.00$0.00$0.00
Total monthly$781.11$1,397.24$1,423.92
Cash to close$100,141$17,990$17,990