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$413,991
Remaining term (yrs)——30.0
Secondary amount$0$413,991$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$2,866.39
2nd payment$0.00$2,673.69$0.00
Taxes / mo$7.50$7.50$7.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$82.80
HOA / mo$57.00$57.00$57.00
Total monthly$231.17$2,904.86$3,180.35
Cash to close$459,990$45,999$45,999