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$92,236$92,236$192,600
Remaining term (yrs)17.417.430.0
Secondary amount$0$100,364$0
Funding fee$0$0$0
Note rate4.460%4.460%7.400%
Blended rate5.310%6.712%7.640%
1st payment$633.48$633.48$1,333.52
2nd payment$0.00$669.09$0.00
Taxes / mo$106.70$106.70$106.70
Insurance / mo$150.00$150.00$150.00
MI / mo$88.98$88.98$38.52
HOA / mo$0.00$0.00$0.00
Total monthly$979.15$1,648.24$1,628.74
Cash to close$121,764$21,400$21,400