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$0$0$152,910
Remaining term (yrs)13.013.030.0
Secondary amount$0$152,910$0
Funding fee$0$0$0
Note rate3.000%3.000%7.400%
Blended rate3.850%8.000%7.640%
1st payment$0.00$0.00$1,058.72
2nd payment$0.00$1,019.40$0.00
Taxes / mo$44.25$44.25$44.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$30.58
HOA / mo$575.00$575.00$575.00
Total monthly$769.25$1,788.65$1,858.55
Cash to close$169,900$16,990$16,990