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$276,750
Remaining term (yrs)0.00.030.0
Secondary amount$0$276,750$0
Funding fee$0$0$0
Note rate3.000%3.000%7.320%
Blended rate3.850%7.750%7.560%
1st payment$0.00$0.00$1,901.08
2nd payment$0.00$1,787.34$0.00
Taxes / mo$186.33$186.33$186.33
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$55.35
HOA / mo$23.33$23.33$23.33
Total monthly$359.66$2,147.01$2,316.09
Cash to close$307,500$30,750$30,750