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$382,500
Remaining term (yrs)5.25.230.0
Secondary amount$0$382,500$0
Funding fee$0$0$0
Note rate3.000%3.000%7.320%
Blended rate3.850%7.750%7.560%
1st payment$0.00$0.00$2,627.51
2nd payment$0.00$2,470.31$0.00
Taxes / mo$159.08$159.08$159.08
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$76.50
HOA / mo$35.42$35.42$35.42
Total monthly$344.50$2,814.82$3,048.51
Cash to close$425,000$42,500$42,500