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$19,292$19,292$349,110
Remaining term (yrs)26.426.430.0
Secondary amount$0$329,818$0
Funding fee$0$0$0
Note rate7.040%7.040%7.400%
Blended rate7.590%7.741%7.640%
1st payment$134.04$134.04$2,417.17
2nd payment$0.00$2,130.08$0.00
Taxes / mo$833.42$833.42$833.42
Insurance / mo$150.00$150.00$150.00
MI / mo$9.00$9.00$69.82
HOA / mo$36.67$36.67$36.67
Total monthly$1,163.13$3,293.21$3,507.08
Cash to close$368,608$38,790$38,790