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$170,541
Remaining term (yrs)29.829.830.0
Secondary amount$0$170,541$0
Funding fee$0$0$0
Note rate6.500%6.500%7.320%
Blended rate7.050%8.000%7.560%
1st payment$0.00$0.00$1,171.50
2nd payment$0.00$1,136.94$0.00
Taxes / mo$55.08$55.08$55.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$34.11
HOA / mo$310.00$310.00$310.00
Total monthly$515.08$1,652.02$1,720.69
Cash to close$189,490$18,949$18,949