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$468,112
Remaining term (yrs)——30.0
Secondary amount$0$468,112$0
Funding fee$0$0$0
Note rate5.250%5.250%7.400%
Blended rate6.100%7.750%7.640%
1st payment$0.00$0.00$3,241.11
2nd payment$0.00$3,023.22$0.00
Taxes / mo$7.50$7.50$7.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$93.62
HOA / mo$57.00$57.00$57.00
Total monthly$231.17$3,254.39$3,565.90
Cash to close$520,124$52,012$52,012