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$10,245$10,245$314,910
Remaining term (yrs)19.219.230.0
Secondary amount$0$304,665$0
Funding fee$0$0$0
Note rate7.080%7.080%7.400%
Blended rate7.930%7.756%7.640%
1st payment$81.19$81.19$2,180.37
2nd payment$0.00$1,967.63$0.00
Taxes / mo$291.58$291.58$291.58
Insurance / mo$150.00$150.00$150.00
MI / mo$7.82$7.82$62.98
HOA / mo$27.50$27.50$27.50
Total monthly$558.09$2,525.72$2,712.44
Cash to close$339,655$34,990$34,990