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$306,008$300,600
Remaining term (yrs)25.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.000%7.400%
Blended rate4.850%7.640%
1st payment$1,593.81$2,081.29
2nd payment$0.00$0.00
Taxes / mo$630.75$630.75
Insurance / mo$150.00$150.00
MI / mo$236.47$60.12
HOA / mo$11.25$11.25
Total monthly$2,622.28$2,933.41
Cash to close$27,992$33,400