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$312,068$301,050
Remaining term (yrs)29.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.210%7.400%
Blended rate6.760%7.640%
1st payment$1,926.44$2,084.41
2nd payment$0.00$0.00
Taxes / mo$228.42$228.42
Insurance / mo$150.00$150.00
MI / mo$144.01$60.21
HOA / mo$0.00$0.00
Total monthly$2,448.87$2,523.04
Cash to close$22,432$33,450