Dan Frey Home Loans
Call Dan

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$0$0$231,300
Remaining term (yrs)——30.0
Secondary amount$0$231,300$0
Funding fee$0$0$0
Note rate0.000%0.000%7.320%
Blended rate0.850%7.750%7.560%
1st payment$0.00$0.00$1,588.87
2nd payment$0.00$1,493.81$0.00
Taxes / mo$647.39$647.39$647.39
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$46.26
HOA / mo$0.00$0.00$0.00
Total monthly$797.39$2,291.21$2,432.52
Cash to close$257,000$25,700$25,700