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$313,506$305,100
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.130%7.320%
Blended rate5.980%7.560%
1st payment$1,818.75$2,095.83
2nd payment$0.00$0.00
Taxes / mo$103.42$103.42
Insurance / mo$150.00$150.00
MI / mo$236.47$61.02
HOA / mo$0.00$0.00
Total monthly$2,308.64$2,410.26
Cash to close$25,494$33,900