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$4,483$4,483$269,100
Remaining term (yrs)23.923.930.0
Secondary amount$0$264,617$0
Funding fee$0$0$0
Note rate3.020%3.020%7.320%
Blended rate3.870%7.685%7.560%
1st payment$21.90$21.90$1,848.53
2nd payment$0.00$1,708.98$0.00
Taxes / mo$263.00$263.00$263.00
Insurance / mo$150.00$150.00$150.00
MI / mo$3.67$3.67$53.82
HOA / mo$0.00$0.00$0.00
Total monthly$438.57$2,147.56$2,315.35
Cash to close$294,517$29,900$29,900