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$247,410
Remaining term (yrs)15.815.830.0
Secondary amount$0$247,410$0
Funding fee$0$0$0
Note rate3.000%3.000%7.320%
Blended rate3.850%7.750%7.560%
1st payment$0.00$0.00$1,699.54
2nd payment$0.00$1,597.86$0.00
Taxes / mo$325.50$325.50$325.50
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$49.48
HOA / mo$0.00$0.00$0.00
Total monthly$475.50$2,073.36$2,224.52
Cash to close$274,900$27,490$27,490