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$4,515$4,515$349,200
Remaining term (yrs)24.824.830.0
Secondary amount$0$344,685$0
Funding fee$0$0$0
Note rate5.300%5.300%7.400%
Blended rate6.150%7.729%7.640%
1st payment$27.24$27.24$2,417.79
2nd payment$0.00$2,226.09$0.00
Taxes / mo$323.33$323.33$323.33
Insurance / mo$150.00$150.00$150.00
MI / mo$3.43$3.43$69.84
HOA / mo$0.00$0.00$0.00
Total monthly$503.99$2,730.08$2,960.96
Cash to close$383,485$38,800$38,800