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$7,185$7,185$179,991
Remaining term (yrs)37.237.230.0
Secondary amount$0$172,806$0
Funding fee$0$0$0
Note rate7.290%7.290%7.400%
Blended rate7.840%7.994%7.640%
1st payment$46.75$46.75$1,246.22
2nd payment$0.00$1,152.04$0.00
Taxes / mo$241.96$241.96$241.96
Insurance / mo$150.00$150.00$150.00
MI / mo$3.33$3.33$36.00
HOA / mo$95.00$95.00$95.00
Total monthly$537.04$1,689.08$1,769.18
Cash to close$192,805$19,999$19,999