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$313,085$314,100
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.200%7.320%
Blended rate6.750%7.560%
1st payment$1,965.53$2,157.65
2nd payment$0.00$0.00
Taxes / mo$471.26$471.26
Insurance / mo$150.00$150.00
MI / mo$147.09$62.82
HOA / mo$233.33$233.33
Total monthly$2,967.21$3,075.06
Cash to close$35,915$34,900