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$310,230$313,200
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.230%7.400%
Blended rate6.080%7.640%
1st payment$1,826.46$2,168.53
2nd payment$0.00$0.00
Taxes / mo$626.97$626.97
Insurance / mo$150.00$150.00
MI / mo$234.81$62.64
HOA / mo$16.42$16.42
Total monthly$2,854.66$3,024.56
Cash to close$37,770$34,800