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$342,900
Remaining term (yrs)0.00.030.0
Secondary amount$0$342,900$0
Funding fee$0$0$0
Note rate4.500%4.500%7.320%
Blended rate5.350%7.750%7.560%
1st payment$977.75$977.75$2,355.49
2nd payment$0.00$2,214.56$0.00
Taxes / mo$352.94$352.94$352.94
Insurance / mo$150.00$150.00$150.00
MI / mo$90.53$90.53$68.58
HOA / mo$0.00$0.00$0.00
Total monthly$1,571.23$3,785.79$2,927.01
Cash to close$381,000$38,100$38,100