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$9,626$9,626$305,910
Remaining term (yrs)25.525.530.0
Secondary amount$0$296,284$0
Funding fee$0$0$0
Note rate6.820%6.820%7.320%
Blended rate7.370%7.738%7.560%
1st payment$66.28$66.28$2,101.39
2nd payment$0.00$1,913.50$0.00
Taxes / mo$252.58$252.58$252.58
Insurance / mo$150.00$150.00$150.00
MI / mo$4.55$4.55$61.18
HOA / mo$0.00$0.00$0.00
Total monthly$473.41$2,386.91$2,565.15
Cash to close$330,274$33,990$33,990