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$10,672$10,672$319,410
Remaining term (yrs)12.612.630.0
Secondary amount$0$308,738$0
Funding fee$0$0$0
Note rate5.830%5.830%7.320%
Blended rate6.380%7.704%7.560%
1st payment$99.02$99.02$2,194.13
2nd payment$0.00$1,993.93$0.00
Taxes / mo$261.50$261.50$261.50
Insurance / mo$150.00$150.00$150.00
MI / mo$5.20$5.20$63.88
HOA / mo$24.92$24.92$24.92
Total monthly$540.64$2,534.58$2,694.43
Cash to close$344,228$35,490$35,490