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 rate7.420%7.420%7.320%
Blended rate8.270%7.750%7.560%
1st payment$631.70$631.70$2,590.42
2nd payment$0.00$2,435.44$0.00
Taxes / mo$349.17$349.17$349.17
Insurance / mo$150.00$150.00$150.00
MI / mo$64.50$64.50$75.42
HOA / mo$0.00$0.00$0.00
Total monthly$1,195.37$3,630.81$3,165.00
Cash to close$419,000$41,900$41,900