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$317,160$288,000
Remaining term (yrs)25.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.100%7.320%
Blended rate3.950%7.560%
1st payment$1,504.06$1,978.36
2nd payment$0.00$0.00
Taxes / mo$124.08$124.08
Insurance / mo$150.00$150.00
MI / mo$249.49$57.60
HOA / mo$128.00$128.00
Total monthly$2,155.63$2,438.04
Cash to close$2,840$32,000