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$188,910
Remaining term (yrs)25.625.630.0
Secondary amount$0$188,910$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$1,307.97
2nd payment$0.00$1,259.40$0.00
Taxes / mo$97.83$97.83$97.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$37.78
HOA / mo$584.00$584.00$584.00
Total monthly$831.83$2,091.23$2,177.59
Cash to close$209,900$20,990$20,990