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$310,619$314,550
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.270%7.400%
Blended rate6.820%7.640%
1st payment$2,005.33$2,177.88
2nd payment$0.00$0.00
Taxes / mo$112.59$112.59
Insurance / mo$150.00$150.00
MI / mo$148.96$62.91
HOA / mo$12.50$12.50
Total monthly$2,429.38$2,515.88
Cash to close$38,881$34,950