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$162,555$162,555$179,100
Remaining term (yrs)27.427.430.0
Secondary amount$0$26,495$0
Funding fee$0$0$0
Note rate7.190%7.190%7.400%
Blended rate7.740%8.320%7.640%
1st payment$1,131.56$1,131.56$1,240.05
2nd payment$0.00$262.19$0.00
Taxes / mo$165.83$165.83$165.83
Insurance / mo$150.00$150.00$150.00
MI / mo$76.48$76.48$35.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,523.88$1,786.07$1,591.71
Cash to close$36,445$9,950$19,900