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$420,750
Remaining term (yrs)0.00.030.0
Secondary amount$0$420,750$0
Funding fee$0$0$0
Note rate3.810%3.810%7.400%
Blended rate4.660%7.750%7.640%
1st payment$1,209.54$1,209.54$2,913.19
2nd payment$0.00$2,717.34$0.00
Taxes / mo$182.00$182.00$182.00
Insurance / mo$166.67$166.67$166.67
MI / mo$117.33$117.33$84.15
HOA / mo$0.00$0.00$0.00
Total monthly$1,675.54$4,392.89$3,346.00
Cash to close$467,500$46,750$46,750