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$308,630$309,150
Remaining term (yrs)28.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.600%7.320%
Blended rate7.150%7.560%
1st payment$2,006.62$2,123.65
2nd payment$0.00$0.00
Taxes / mo$426.58$426.58
Insurance / mo$150.00$150.00
MI / mo$144.01$61.83
HOA / mo$342.00$342.00
Total monthly$3,069.21$3,104.06
Cash to close$34,870$34,350