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$291,765$292,410
Remaining term (yrs)25.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.100%7.400%
Blended rate3.950%7.640%
1st payment$1,383.63$2,024.59
2nd payment$0.00$0.00
Taxes / mo$270.75$270.75
Insurance / mo$150.00$150.00
MI / mo$229.52$58.48
HOA / mo$0.00$0.00
Total monthly$2,033.89$2,503.82
Cash to close$33,135$32,490