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$89,910
Remaining term (yrs)——30.0
Secondary amount$0$89,910$0
Funding fee$0$0$0
Note rate3.500%3.500%7.320%
Blended rate4.350%9.000%7.560%
1st payment$0.00$0.00$617.62
2nd payment$0.00$674.32$0.00
Taxes / mo$117.92$117.92$117.92
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$17.98
HOA / mo$460.00$460.00$460.00
Total monthly$727.92$1,402.24$1,363.52
Cash to close$99,900$9,990$9,990