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$4,301$4,301$337,500
Remaining term (yrs)0.70.730.0
Secondary amount$0$333,199$0
Funding fee$0$0$0
Note rate7.920%7.920%7.400%
Blended rate8.770%7.763%7.640%
1st payment$445.82$445.82$2,336.78
2nd payment$0.00$2,151.91$0.00
Taxes / mo$97.08$97.08$97.08
Insurance / mo$150.00$150.00$150.00
MI / mo$43.37$43.37$67.50
HOA / mo$0.00$0.00$0.00
Total monthly$736.26$2,888.18$2,651.37
Cash to close$370,699$37,500$37,500