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$294,507$296,991
Remaining term (yrs)25.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.560%7.320%
Blended rate4.410%7.560%
1st payment$1,465.83$2,040.12
2nd payment$0.00$0.00
Taxes / mo$634.83$634.83
Insurance / mo$150.00$150.00
MI / mo$229.51$59.40
HOA / mo$11.25$11.25
Total monthly$2,491.42$2,895.60
Cash to close$35,483$32,999