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$337,867$324,000
Remaining term (yrs)25.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.070%7.400%
Blended rate3.920%7.640%
1st payment$1,603.90$2,243.31
2nd payment$0.00$0.00
Taxes / mo$257.17$257.17
Insurance / mo$150.00$150.00
MI / mo$267.07$64.80
HOA / mo$495.00$495.00
Total monthly$2,773.14$3,210.28
Cash to close$22,133$36,000