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$291,510
Remaining term (yrs)29.229.230.0
Secondary amount$0$291,510$0
Funding fee$0$0$0
Note rate6.500%6.500%7.320%
Blended rate7.050%7.750%7.560%
1st payment$0.00$0.00$2,002.47
2nd payment$0.00$1,882.67$0.00
Taxes / mo$162.00$162.00$162.00
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$58.30
HOA / mo$0.00$0.00$0.00
Total monthly$312.00$2,194.67$2,372.77
Cash to close$323,900$32,390$32,390