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$114,300
Remaining term (yrs)23.523.530.0
Secondary amount$0$114,300$0
Funding fee$0$0$0
Note rate3.000%3.000%7.320%
Blended rate3.850%8.000%7.560%
1st payment$0.00$0.00$785.16
2nd payment$0.00$762.00$0.00
Taxes / mo$111.00$111.00$111.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$22.86
HOA / mo$0.00$0.00$0.00
Total monthly$261.00$1,023.00$1,069.02
Cash to close$127,000$12,700$12,700