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$377,100
Remaining term (yrs)0.00.030.0
Secondary amount$0$377,100$0
Funding fee$0$0$0
Note rate4.220%4.220%7.400%
Blended rate5.070%7.750%7.640%
1st payment$1,463.08$1,463.08$2,610.96
2nd payment$0.00$2,435.44$0.00
Taxes / mo$178.58$178.58$178.58
Insurance / mo$150.00$150.00$150.00
MI / mo$138.04$138.04$75.42
HOA / mo$84.00$84.00$84.00
Total monthly$2,013.70$4,449.14$3,098.97
Cash to close$419,000$41,900$41,900