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$4,307$4,307$382,500
Remaining term (yrs)37.437.430.0
Secondary amount$0$378,193$0
Funding fee$0$0$0
Note rate6.660%6.660%7.400%
Blended rate7.210%7.744%7.640%
1st payment$26.07$26.07$2,648.35
2nd payment$0.00$2,442.49$0.00
Taxes / mo$217.00$217.00$217.00
Insurance / mo$150.00$150.00$150.00
MI / mo$2.00$2.00$76.50
HOA / mo$18.75$18.75$18.75
Total monthly$413.82$2,856.31$3,110.60
Cash to close$420,693$42,500$42,500