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$334,347$324,000
Remaining term (yrs)29.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.170%7.320%
Blended rate6.720%7.560%
1st payment$2,059.50$2,225.66
2nd payment$0.00$0.00
Taxes / mo$305.42$305.42
Insurance / mo$150.00$150.00
MI / mo$154.61$64.80
HOA / mo$165.00$165.00
Total monthly$2,834.53$2,910.87
Cash to close$25,653$36,000