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$327,600
Remaining term (yrs)26.126.130.0
Secondary amount$0$327,600$0
Funding fee$0$0$0
Note rate4.000%4.000%7.400%
Blended rate4.850%7.750%7.640%
1st payment$0.00$0.00$2,268.24
2nd payment$0.00$2,115.75$0.00
Taxes / mo$303.33$303.33$303.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$65.52
HOA / mo$643.00$643.00$643.00
Total monthly$1,096.33$3,212.08$3,430.09
Cash to close$364,000$36,400$36,400