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$6,733$6,733$179,100
Remaining term (yrs)24.324.330.0
Secondary amount$0$172,367$0
Funding fee$0$0$0
Note rate7.790%7.790%7.320%
Blended rate8.340%8.013%7.560%
1st payment$51.43$51.43$1,230.29
2nd payment$0.00$1,149.12$0.00
Taxes / mo$72.52$72.52$72.52
Insurance / mo$150.00$150.00$150.00
MI / mo$3.18$3.18$35.82
HOA / mo$0.00$0.00$0.00
Total monthly$277.13$1,426.25$1,488.63
Cash to close$192,267$19,900$19,900