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$377,568
Remaining term (yrs)29.629.630.0
Secondary amount$0$377,568$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$2,614.20
2nd payment$0.00$2,438.46$0.00
Taxes / mo$349.60$349.60$349.60
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$75.51
HOA / mo$266.00$266.00$266.00
Total monthly$765.60$3,204.06$3,455.32
Cash to close$419,520$41,952$41,952