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$145,800
Remaining term (yrs)——30.0
Secondary amount$0$145,800$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$1,009.49
2nd payment$0.00$972.00$0.00
Taxes / mo$168.65$168.65$168.65
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$29.16
HOA / mo$42.50$42.50$42.50
Total monthly$361.15$1,333.15$1,399.80
Cash to close$162,000$16,200$16,200