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$0$0$238,410
Remaining term (yrs)——30.0
Secondary amount$0$238,410$0
Funding fee$0$0$0
Note rate0.000%0.000%7.400%
Blended rate0.850%7.750%7.640%
1st payment$0.00$0.00$1,650.70
2nd payment$0.00$1,539.73$0.00
Taxes / mo$43.17$43.17$43.17
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$47.68
HOA / mo$0.00$0.00$0.00
Total monthly$193.17$1,732.90$1,891.55
Cash to close$264,900$26,490$26,490