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$415,896$315,000
Remaining term (yrs)24.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.180%7.320%
Blended rate3.030%7.560%
1st payment$1,794.97$2,163.83
2nd payment$0.00$0.00
Taxes / mo$156.67$156.67
Insurance / mo$150.00$150.00
MI / mo$335.75$63.00
HOA / mo$280.00$280.00
Total monthly$2,717.39$2,813.50
Cash to close$0$35,000