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$193,410
Remaining term (yrs)25.625.630.0
Secondary amount$0$193,410$0
Funding fee$0$0$0
Note rate4.000%4.000%7.400%
Blended rate4.850%8.000%7.640%
1st payment$0.00$0.00$1,339.13
2nd payment$0.00$1,289.40$0.00
Taxes / mo$138.25$138.25$138.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$38.68
HOA / mo$20.83$20.83$20.83
Total monthly$309.08$1,598.48$1,686.89
Cash to close$214,900$21,490$21,490