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$107,100
Remaining term (yrs)——30.0
Secondary amount$0$107,100$0
Funding fee$0$0$0
Note rate0.000%0.000%7.400%
Blended rate0.850%8.000%7.640%
1st payment$0.00$0.00$741.54
2nd payment$0.00$714.00$0.00
Taxes / mo$179.71$179.71$179.71
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$21.42
HOA / mo$0.00$0.00$0.00
Total monthly$329.71$1,043.71$1,092.67
Cash to close$119,000$11,900$11,900