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$377,802
Remaining term (yrs)29.729.730.0
Secondary amount$0$377,802$0
Funding fee$0$0$0
Note rate6.500%6.500%7.400%
Blended rate7.050%7.750%7.640%
1st payment$0.00$0.00$2,615.82
2nd payment$0.00$2,439.97$0.00
Taxes / mo$349.82$349.82$349.82
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$75.56
HOA / mo$0.00$0.00$0.00
Total monthly$499.82$2,939.79$3,191.20
Cash to close$419,780$41,978$41,978