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$71,930$71,930$134,910
Remaining term (yrs)20.620.630.0
Secondary amount$0$62,980$0
Funding fee$0$0$0
Note rate4.080%4.080%7.320%
Blended rate4.930%6.830%7.560%
1st payment$428.67$428.67$926.74
2nd payment$0.00$472.35$0.00
Taxes / mo$158.33$158.33$158.33
Insurance / mo$150.00$150.00$150.00
MI / mo$62.99$62.99$26.98
HOA / mo$0.00$0.00$0.00
Total monthly$800.00$1,272.34$1,262.05
Cash to close$77,970$14,990$14,990