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$343,393$328,500
Remaining term (yrs)25.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.420%7.320%
Blended rate5.270%7.560%
1st payment$1,872.83$2,256.57
2nd payment$0.00$0.00
Taxes / mo$141.67$141.67
Insurance / mo$150.00$150.00
MI / mo$264.29$65.70
HOA / mo$0.00$0.00
Total monthly$2,428.79$2,613.93
Cash to close$21,607$36,500