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$285,350$292,410
Remaining term (yrs)25.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.900%7.320%
Blended rate3.750%7.560%
1st payment$1,332.33$2,008.65
2nd payment$0.00$0.00
Taxes / mo$227.08$227.08
Insurance / mo$150.00$150.00
MI / mo$226.73$58.48
HOA / mo$380.00$380.00
Total monthly$2,316.15$2,824.22
Cash to close$39,550$32,490