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$319,410
Remaining term (yrs)0.00.030.0
Secondary amount$0$319,410$0
Funding fee$0$0$0
Note rate6.970%6.970%7.400%
Blended rate7.820%7.750%7.640%
1st payment$639.46$639.46$2,211.53
2nd payment$0.00$2,062.86$0.00
Taxes / mo$190.83$190.83$190.83
Insurance / mo$150.00$150.00$150.00
MI / mo$68.29$68.29$63.88
HOA / mo$45.83$45.83$45.83
Total monthly$1,094.42$3,157.27$2,662.08
Cash to close$354,900$35,490$35,490