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$11,607$11,607$179,999
Remaining term (yrs)38.038.030.0
Secondary amount$0$168,392$0
Funding fee$0$0$0
Note rate6.460%6.460%7.320%
Blended rate7.010%7.936%7.560%
1st payment$68.33$68.33$1,236.47
2nd payment$0.00$1,122.61$0.00
Taxes / mo$103.67$103.67$103.67
Insurance / mo$150.00$150.00$150.00
MI / mo$5.38$5.38$36.00
HOA / mo$0.00$0.00$0.00
Total monthly$327.37$1,449.98$1,526.14
Cash to close$188,392$20,000$20,000