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$315,093$312,750
Remaining term (yrs)29.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.090%7.400%
Blended rate6.640%7.640%
1st payment$1,916.89$2,165.42
2nd payment$0.00$0.00
Taxes / mo$289.58$289.58
Insurance / mo$150.00$150.00
MI / mo$145.13$62.55
HOA / mo$0.00$0.00
Total monthly$2,501.60$2,667.55
Cash to close$32,407$34,750