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$12,371$12,371$350,989
Remaining term (yrs)27.027.030.0
Secondary amount$0$338,618$0
Funding fee$0$0$0
Note rate7.180%7.180%7.320%
Blended rate7.730%7.749%7.560%
1st payment$86.37$86.37$2,411.05
2nd payment$0.00$2,186.91$0.00
Taxes / mo$324.99$324.99$324.99
Insurance / mo$150.00$150.00$150.00
MI / mo$5.84$5.84$70.20
HOA / mo$652.00$652.00$652.00
Total monthly$1,219.21$3,406.12$3,608.24
Cash to close$377,617$38,999$38,999