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$25,107$25,107$164,250
Remaining term (yrs)5.35.330.0
Secondary amount$0$139,143$0
Funding fee$0$0$0
Note rate7.420%7.420%7.320%
Blended rate8.270%8.041%7.560%
1st payment$464.46$464.46$1,128.28
2nd payment$0.00$927.62$0.00
Taxes / mo$194.17$194.17$194.17
Insurance / mo$150.00$150.00$150.00
MI / mo$47.42$47.42$32.85
HOA / mo$0.00$0.00$0.00
Total monthly$856.05$1,783.67$1,505.30
Cash to close$157,393$18,250$18,250