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$391,491
Remaining term (yrs)——30.0
Secondary amount$0$391,491$0
Funding fee$0$0$0
Note rate5.891%5.891%7.400%
Blended rate6.741%7.750%7.640%
1st payment$0.00$0.00$2,710.60
2nd payment$0.00$2,528.38$0.00
Taxes / mo$113.33$113.33$113.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$78.30
HOA / mo$41.00$41.00$41.00
Total monthly$304.33$2,832.71$3,093.24
Cash to close$434,990$43,499$43,499