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$323,910
Remaining term (yrs)0.00.030.0
Secondary amount$0$323,910$0
Funding fee$0$0$0
Note rate4.630%4.630%7.400%
Blended rate5.480%7.750%7.640%
1st payment$893.48$893.48$2,242.69
2nd payment$0.00$2,091.92$0.00
Taxes / mo$81.58$81.58$81.58
Insurance / mo$150.00$150.00$150.00
MI / mo$14.48$14.48$64.78
HOA / mo$0.00$0.00$0.00
Total monthly$1,139.54$3,231.46$2,539.05
Cash to close$359,900$35,990$35,990