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$19,994$19,994$337,500
Remaining term (yrs)24.724.730.0
Secondary amount$0$317,506$0
Funding fee$0$0$0
Note rate6.790%6.790%7.400%
Blended rate7.340%7.726%7.640%
1st payment$139.00$139.00$2,336.78
2nd payment$0.00$2,050.56$0.00
Taxes / mo$867.44$867.44$867.44
Insurance / mo$150.00$150.00$150.00
MI / mo$9.57$9.57$67.50
HOA / mo$9.17$9.17$9.17
Total monthly$1,175.18$3,225.74$3,430.89
Cash to close$355,006$37,500$37,500