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$373,667
Remaining term (yrs)28.928.930.0
Secondary amount$0$373,667$0
Funding fee$0$0$0
Note rate5.891%5.891%7.320%
Blended rate6.441%7.750%7.560%
1st payment$0.00$0.00$2,566.83
2nd payment$0.00$2,413.26$0.00
Taxes / mo$53.67$53.67$53.67
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$74.73
HOA / mo$294.00$294.00$294.00
Total monthly$497.67$2,910.93$3,139.23
Cash to close$415,185$41,519$41,519