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$321,291
Remaining term (yrs)——30.0
Secondary amount$0$321,291$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$2,224.55
2nd payment$0.00$2,075.00$0.00
Taxes / mo$20.50$20.50$20.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$64.26
HOA / mo$282.00$282.00$282.00
Total monthly$452.50$2,527.50$2,741.31
Cash to close$356,990$35,699$35,699