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$304,920
Remaining term (yrs)——30.0
Secondary amount$0$304,920$0
Funding fee$0$0$0
Note rate0.000%0.000%7.400%
Blended rate0.850%7.750%7.640%
1st payment$0.00$0.00$2,111.20
2nd payment$0.00$1,969.28$0.00
Taxes / mo$282.33$282.33$282.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$60.98
HOA / mo$295.00$295.00$295.00
Total monthly$727.33$2,696.61$2,899.52
Cash to close$338,800$33,880$33,880