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$161,100
Remaining term (yrs)18.418.430.0
Secondary amount$0$161,100$0
Funding fee$0$0$0
Note rate3.000%3.000%7.320%
Blended rate3.850%8.000%7.560%
1st payment$0.00$0.00$1,106.65
2nd payment$0.00$1,074.00$0.00
Taxes / mo$101.58$101.58$101.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$32.22
HOA / mo$240.00$240.00$240.00
Total monthly$491.58$1,565.58$1,630.45
Cash to close$179,000$17,900$17,900