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$343,646$336,600
Remaining term (yrs)25.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.090%7.320%
Blended rate5.940%7.560%
1st payment$1,991.59$2,312.21
2nd payment$0.00$0.00
Taxes / mo$311.67$311.67
Insurance / mo$150.00$150.00
MI / mo$260.12$67.32
HOA / mo$0.00$0.00
Total monthly$2,713.38$2,841.20
Cash to close$30,354$37,400