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$233,910
Remaining term (yrs)25.425.430.0
Secondary amount$0$233,910$0
Funding fee$0$0$0
Note rate4.000%4.000%7.400%
Blended rate4.850%7.750%7.640%
1st payment$0.00$0.00$1,619.55
2nd payment$0.00$1,510.67$0.00
Taxes / mo$128.33$128.33$128.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$46.78
HOA / mo$742.00$742.00$742.00
Total monthly$1,020.33$2,531.00$2,686.66
Cash to close$259,900$25,990$25,990