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$327,330
Remaining term (yrs)——30.0
Secondary amount$0$327,330$0
Funding fee$0$0$0
Note rate5.891%5.891%7.320%
Blended rate6.741%7.750%7.560%
1st payment$0.00$0.00$2,248.53
2nd payment$0.00$2,114.01$0.00
Taxes / mo$303.08$303.08$303.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$65.47
HOA / mo$259.00$259.00$259.00
Total monthly$712.08$2,826.09$3,026.08
Cash to close$363,700$36,370$36,370