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$46,990$46,990$179,910
Remaining term (yrs)15.815.830.0
Secondary amount$0$132,920$0
Funding fee$0$0$0
Note rate3.680%3.680%7.320%
Blended rate4.530%7.094%7.560%
1st payment$325.43$325.43$1,235.86
2nd payment$0.00$886.13$0.00
Taxes / mo$173.67$173.67$173.67
Insurance / mo$150.00$150.00$150.00
MI / mo$50.20$50.20$35.98
HOA / mo$0.00$0.00$0.00
Total monthly$699.30$1,585.44$1,595.51
Cash to close$152,910$19,990$19,990