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$265,491
Remaining term (yrs)29.529.530.0
Secondary amount$0$265,491$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$1,823.74
2nd payment$0.00$1,714.63$0.00
Taxes / mo$40.33$40.33$40.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$53.10
HOA / mo$0.00$0.00$0.00
Total monthly$190.33$1,904.96$2,067.17
Cash to close$294,990$29,499$29,499