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$346,921$315,000
Remaining term (yrs)24.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.020%7.400%
Blended rate3.870%7.640%
1st payment$1,667.49$2,181.00
2nd payment$0.00$0.00
Taxes / mo$82.17$82.17
Insurance / mo$150.00$150.00
MI / mo$279.44$63.00
HOA / mo$0.00$0.00
Total monthly$2,179.09$2,476.16
Cash to close$3,079$35,000