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$289,791
Remaining term (yrs)28.028.030.0
Secondary amount$0$289,791$0
Funding fee$0$0$0
Note rate5.250%5.250%7.400%
Blended rate5.800%7.750%7.640%
1st payment$0.00$0.00$2,006.45
2nd payment$0.00$1,871.57$0.00
Taxes / mo$72.50$72.50$72.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$57.96
HOA / mo$281.00$281.00$281.00
Total monthly$503.50$2,375.07$2,567.91
Cash to close$321,990$32,199$32,199