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$321,329$315,000
Remaining term (yrs)25.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.140%7.400%
Blended rate3.990%7.640%
1st payment$1,537.19$2,181.00
2nd payment$0.00$0.00
Taxes / mo$311.67$311.67
Insurance / mo$150.00$150.00
MI / mo$253.70$63.00
HOA / mo$149.00$149.00
Total monthly$2,401.56$2,854.66
Cash to close$28,671$35,000