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$391,410
Remaining term (yrs)29.429.430.0
Secondary amount$0$391,410$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$2,710.04
2nd payment$0.00$2,527.86$0.00
Taxes / mo$153.08$153.08$153.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$78.28
HOA / mo$6.25$6.25$6.25
Total monthly$309.33$2,837.19$3,097.66
Cash to close$434,900$43,490$43,490