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$341,910$337,410
Remaining term (yrs)29.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.500%7.400%
Blended rate7.050%7.640%
1st payment$2,181.31$2,336.16
2nd payment$0.00$0.00
Taxes / mo$355.30$355.30
Insurance / mo$150.00$150.00
MI / mo$158.17$67.48
HOA / mo$0.00$0.00
Total monthly$2,844.78$2,908.94
Cash to close$32,990$37,490