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$318,592$323,910
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.670%7.320%
Blended rate7.220%7.560%
1st payment$2,079.82$2,225.04
2nd payment$0.00$0.00
Taxes / mo$81.33$81.33
Insurance / mo$150.00$150.00
MI / mo$148.18$64.78
HOA / mo$0.00$0.00
Total monthly$2,459.34$2,521.15
Cash to close$41,308$35,990