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$324,575$323,100
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.460%7.400%
Blended rate7.010%7.640%
1st payment$2,089.48$2,237.08
2nd payment$0.00$0.00
Taxes / mo$112.78$112.78
Insurance / mo$150.00$150.00
MI / mo$152.15$64.62
HOA / mo$0.00$0.00
Total monthly$2,504.41$2,564.48
Cash to close$34,425$35,900