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$14,342$14,342$382,500
Remaining term (yrs)38.238.230.0
Secondary amount$0$368,158$0
Funding fee$0$0$0
Note rate6.440%6.440%7.400%
Blended rate6.990%7.722%7.640%
1st payment$84.14$84.14$2,648.35
2nd payment$0.00$2,377.69$0.00
Taxes / mo$354.17$354.17$354.17
Insurance / mo$150.00$150.00$150.00
MI / mo$6.64$6.64$76.50
HOA / mo$0.00$0.00$0.00
Total monthly$594.95$2,972.63$3,229.02
Cash to close$410,658$42,500$42,500