Dan Frey Home Loans
Call Dan

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$306,891
Remaining term (yrs)——30.0
Secondary amount$0$306,891$0
Funding fee$0$0$0
Note rate5.891%5.891%7.400%
Blended rate6.741%7.750%7.640%
1st payment$0.00$0.00$2,124.85
2nd payment$0.00$1,982.00$0.00
Taxes / mo$284.16$284.16$284.16
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$61.38
HOA / mo$269.00$269.00$269.00
Total monthly$703.16$2,685.16$2,889.39
Cash to close$340,990$34,099$34,099