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$10,068$10,068$329,399
Remaining term (yrs)24.524.530.0
Secondary amount$0$319,331$0
Funding fee$0$0$0
Note rate4.670%4.670%7.400%
Blended rate5.520%7.682%7.640%
1st payment$57.35$57.35$2,280.69
2nd payment$0.00$2,062.34$0.00
Taxes / mo$338.50$338.50$338.50
Insurance / mo$150.00$150.00$150.00
MI / mo$7.74$7.74$65.88
HOA / mo$40.00$40.00$40.00
Total monthly$593.58$2,655.93$2,875.07
Cash to close$355,931$36,600$36,600