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$325,963$319,500
Remaining term (yrs)25.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.110%7.320%
Blended rate5.960%7.560%
1st payment$1,904.84$2,194.74
2nd payment$0.00$0.00
Taxes / mo$298.83$298.83
Insurance / mo$150.00$150.00
MI / mo$248.22$63.90
HOA / mo$0.00$0.00
Total monthly$2,601.90$2,707.48
Cash to close$29,037$35,500