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$43,142$43,142$166,410
Remaining term (yrs)14.014.030.0
Secondary amount$0$123,268$0
Funding fee$0$0$0
Note rate4.370%4.370%7.320%
Blended rate5.220%7.279%7.560%
1st payment$340.84$340.84$1,143.12
2nd payment$0.00$821.78$0.00
Taxes / mo$70.83$70.83$70.83
Insurance / mo$150.00$150.00$150.00
MI / mo$48.38$48.38$33.28
HOA / mo$0.00$0.00$0.00
Total monthly$610.05$1,431.84$1,397.24
Cash to close$141,758$18,490$18,490