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$6,098$6,098$152,910
Remaining term (yrs)21.621.630.0
Secondary amount$0$146,812$0
Funding fee$0$0$0
Note rate2.970%2.970%7.320%
Blended rate3.820%7.833%7.560%
1st payment$31.74$31.74$1,050.39
2nd payment$0.00$978.75$0.00
Taxes / mo$137.33$137.33$137.33
Insurance / mo$150.00$150.00$150.00
MI / mo$5.01$5.01$30.58
HOA / mo$0.00$0.00$0.00
Total monthly$324.08$1,302.83$1,368.30
Cash to close$163,802$16,990$16,990