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$350,910
Remaining term (yrs)29.529.530.0
Secondary amount$0$350,910$0
Funding fee$0$0$0
Note rate6.380%6.380%7.320%
Blended rate6.930%7.750%7.560%
1st payment$0.00$0.00$2,410.51
2nd payment$0.00$2,266.29$0.00
Taxes / mo$277.67$277.67$277.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$70.18
HOA / mo$0.00$0.00$0.00
Total monthly$427.67$2,693.96$2,908.36
Cash to close$389,900$38,990$38,990