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
Current Market Conventional
New · Conventional
Loan amount$291,020$296,100
Remaining term (yrs)25.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.170%7.320%
Blended rate5.020%7.560%
1st payment$1,540.53$2,034.00
2nd payment$0.00$0.00
Taxes / mo$159.58$159.58
Insurance / mo$150.00$150.00
MI / mo$223.94$59.22
HOA / mo$85.00$85.00
Total monthly$2,159.06$2,487.80
Cash to close$37,980$32,900