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$161,100
Remaining term (yrs)29.529.530.0
Secondary amount$0$161,100$0
Funding fee$0$0$0
Note rate6.500%6.500%7.320%
Blended rate7.050%8.000%7.560%
1st payment$0.00$0.00$1,106.65
2nd payment$0.00$1,074.00$0.00
Taxes / mo$217.17$217.17$217.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$32.22
HOA / mo$0.00$0.00$0.00
Total monthly$367.17$1,441.17$1,506.03
Cash to close$179,000$17,900$17,900