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$413,100
Remaining term (yrs)——30.0
Secondary amount$0$413,100$0
Funding fee$0$0$0
Note rate0.000%0.000%7.320%
Blended rate0.850%7.750%7.560%
1st payment$0.00$0.00$2,837.71
2nd payment$0.00$2,667.94$0.00
Taxes / mo$382.50$382.50$382.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$82.62
HOA / mo$0.00$0.00$0.00
Total monthly$549.17$3,217.10$3,469.50
Cash to close$459,000$45,900$45,900