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$805$805$332,910
Remaining term (yrs)0.00.030.0
Secondary amount$0$332,105$0
Funding fee$0$0$0
Note rate3.390%3.390%7.400%
Blended rate4.240%7.742%7.640%
1st payment$806.88$806.88$2,305.00
2nd payment$0.00$2,144.85$0.00
Taxes / mo$221.33$221.33$221.33
Insurance / mo$150.00$150.00$150.00
MI / mo$80.56$80.56$66.58
HOA / mo$20.00$20.00$20.00
Total monthly$1,278.77$3,423.61$2,762.92
Cash to close$369,095$36,990$36,990