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$350,910
Remaining term (yrs)——30.0
Secondary amount$0$350,910$0
Funding fee$0$0$0
Note rate0.000%0.000%7.320%
Blended rate0.850%7.750%7.560%
1st payment$0.00$0.00$2,410.51
2nd payment$0.00$2,266.29$0.00
Taxes / mo$753.58$753.58$753.58
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.18
HOA / mo$463.00$463.00$463.00
Total monthly$1,366.58$3,632.88$3,847.27
Cash to close$389,900$38,990$38,990