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$2,752$2,752$269,100
Remaining term (yrs)0.20.230.0
Secondary amount$0$266,348$0
Funding fee$0$0$0
Note rate3.300%3.300%7.400%
Blended rate4.150%7.713%7.640%
1st payment$692.61$692.61$1,863.19
2nd payment$0.00$1,720.17$0.00
Taxes / mo$249.17$249.17$249.17
Insurance / mo$150.00$150.00$150.00
MI / mo$69.58$69.58$53.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,161.36$2,881.53$2,316.18
Cash to close$296,248$29,900$29,900