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$390,258
Remaining term (yrs)29.029.030.0
Secondary amount$0$390,258$0
Funding fee$0$0$0
Note rate6.500%6.500%7.400%
Blended rate7.050%7.750%7.640%
1st payment$0.00$0.00$2,702.07
2nd payment$0.00$2,520.42$0.00
Taxes / mo$13.83$13.83$13.83
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$78.05
HOA / mo$52.33$52.33$52.33
Total monthly$216.16$2,736.58$2,996.28
Cash to close$433,620$43,362$43,362