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$46,830$46,830$146,700
Remaining term (yrs)25.525.530.0
Secondary amount$0$99,870$0
Funding fee$0$0$0
Note rate4.170%4.170%7.320%
Blended rate5.020%7.729%7.560%
1st payment$247.90$247.90$1,007.73
2nd payment$0.00$749.03$0.00
Taxes / mo$247.33$247.33$247.33
Insurance / mo$150.00$150.00$150.00
MI / mo$36.04$36.04$29.34
HOA / mo$0.00$0.00$0.00
Total monthly$681.27$1,430.29$1,434.40
Cash to close$116,170$16,300$16,300