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$7,651$7,651$166,500
Remaining term (yrs)21.621.630.0
Secondary amount$0$158,849$0
Funding fee$0$0$0
Note rate4.470%4.470%7.400%
Blended rate5.320%7.877%7.640%
1st payment$45.89$45.89$1,152.81
2nd payment$0.00$1,058.99$0.00
Taxes / mo$112.67$112.67$112.67
Insurance / mo$150.00$150.00$150.00
MI / mo$6.44$6.44$33.30
HOA / mo$180.00$180.00$180.00
Total monthly$495.00$1,553.99$1,628.78
Cash to close$177,349$18,500$18,500