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$251,910
Remaining term (yrs)0.00.030.0
Secondary amount$0$251,910$0
Funding fee$0$0$0
Note rate8.230%8.230%7.400%
Blended rate9.080%7.750%7.640%
1st payment$638.30$638.30$1,744.17
2nd payment$0.00$1,626.92$0.00
Taxes / mo$317.67$317.67$317.67
Insurance / mo$150.00$150.00$150.00
MI / mo$60.30$60.30$50.38
HOA / mo$7.08$7.08$7.08
Total monthly$1,173.35$2,800.27$2,269.30
Cash to close$279,900$27,990$27,990