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$302,391
Remaining term (yrs)——30.0
Secondary amount$0$302,391$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$2,093.69
2nd payment$0.00$1,952.94$0.00
Taxes / mo$279.99$279.99$279.99
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$60.48
HOA / mo$269.00$269.00$269.00
Total monthly$698.99$2,651.93$2,853.16
Cash to close$335,990$33,599$33,599