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$308,903$314,910
Remaining term (yrs)25.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.760%7.400%
Blended rate4.610%7.640%
1st payment$1,564.99$2,180.37
2nd payment$0.00$0.00
Taxes / mo$617.68$617.68
Insurance / mo$150.00$150.00
MI / mo$239.07$62.98
HOA / mo$18.00$18.00
Total monthly$2,589.74$3,029.04
Cash to close$40,997$34,990