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$334,159$332,100
Remaining term (yrs)24.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.170%7.400%
Blended rate4.020%7.640%
1st payment$1,628.64$2,299.39
2nd payment$0.00$0.00
Taxes / mo$165.67$165.67
Insurance / mo$150.00$150.00
MI / mo$267.77$66.42
HOA / mo$374.00$374.00
Total monthly$2,586.08$3,055.48
Cash to close$34,841$36,900