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$318,591
Remaining term (yrs)——30.0
Secondary amount$0$318,591$0
Funding fee$0$0$0
Note rate0.000%0.000%7.400%
Blended rate0.850%7.750%7.640%
1st payment$0.00$0.00$2,205.86
2nd payment$0.00$2,057.57$0.00
Taxes / mo$72.50$72.50$72.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$63.72
HOA / mo$282.00$282.00$282.00
Total monthly$504.50$2,562.07$2,774.08
Cash to close$353,990$35,399$35,399