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$306,492$283,500
Remaining term (yrs)24.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.860%7.320%
Blended rate3.710%7.560%
1st payment$1,431.20$1,947.45
2nd payment$0.00$0.00
Taxes / mo$328.25$328.25
Insurance / mo$150.00$150.00
MI / mo$244.82$56.70
HOA / mo$0.00$0.00
Total monthly$2,154.27$2,482.40
Cash to close$8,508$31,500