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$340,741$341,910
Remaining term (yrs)29.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.230%7.320%
Blended rate6.780%7.560%
1st payment$2,109.94$2,348.68
2nd payment$0.00$0.00
Taxes / mo$169.33$169.33
Insurance / mo$150.00$150.00
MI / mo$157.39$68.38
HOA / mo$231.00$231.00
Total monthly$2,817.67$2,967.40
Cash to close$39,159$37,990