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$310,334$296,999
Remaining term (yrs)25.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.760%7.400%
Blended rate4.610%7.640%
1st payment$1,575.28$2,056.36
2nd payment$0.00$0.00
Taxes / mo$103.33$103.33
Insurance / mo$150.00$150.00
MI / mo$240.64$59.40
HOA / mo$126.00$126.00
Total monthly$2,195.26$2,495.09
Cash to close$19,665$33,000