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$49,722$49,722$157,499
Remaining term (yrs)20.420.430.0
Secondary amount$0$107,777$0
Funding fee$0$0$0
Note rate4.170%4.170%7.400%
Blended rate5.020%7.059%7.640%
1st payment$300.23$300.23$1,090.49
2nd payment$0.00$718.51$0.00
Taxes / mo$66.58$66.58$66.58
Insurance / mo$150.00$150.00$150.00
MI / mo$43.64$43.64$31.50
HOA / mo$0.00$0.00$0.00
Total monthly$560.46$1,278.98$1,338.58
Cash to close$125,277$17,500$17,500