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$33,886$33,886$161,100
Remaining term (yrs)17.117.130.0
Secondary amount$0$127,214$0
Funding fee$0$0$0
Note rate4.190%4.190%7.400%
Blended rate5.040%7.377%7.640%
1st payment$230.20$230.20$1,115.42
2nd payment$0.00$848.09$0.00
Taxes / mo$75.17$75.17$75.17
Insurance / mo$150.00$150.00$150.00
MI / mo$33.38$33.38$32.22
HOA / mo$14.00$14.00$14.00
Total monthly$502.75$1,350.84$1,386.81
Cash to close$145,114$17,900$17,900