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$211,410
Remaining term (yrs)0.00.030.0
Secondary amount$0$211,410$0
Funding fee$0$0$0
Note rate6.310%6.310%7.320%
Blended rate7.160%7.750%7.560%
1st payment$363.93$363.93$1,452.24
2nd payment$0.00$1,365.36$0.00
Taxes / mo$218.25$218.25$218.25
Insurance / mo$150.00$150.00$150.00
MI / mo$38.20$38.20$42.28
HOA / mo$0.00$0.00$0.00
Total monthly$770.38$2,135.74$1,862.77
Cash to close$234,900$23,490$23,490