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$333,631$324,000
Remaining term (yrs)25.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.000%7.320%
Blended rate4.850%7.560%
1st payment$1,734.44$2,225.66
2nd payment$0.00$0.00
Taxes / mo$441.33$441.33
Insurance / mo$150.00$150.00
MI / mo$257.34$64.80
HOA / mo$123.00$123.00
Total monthly$2,706.11$3,004.79
Cash to close$26,369$36,000