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$305,851$310,500
Remaining term (yrs)28.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.250%7.320%
Blended rate5.800%7.560%
1st payment$1,734.77$2,132.92
2nd payment$0.00$0.00
Taxes / mo$464.17$464.17
Insurance / mo$150.00$150.00
MI / mo$143.99$62.10
HOA / mo$50.00$50.00
Total monthly$2,542.92$2,859.19
Cash to close$39,149$34,500