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$304,528$297,000
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.090%7.320%
Blended rate6.640%7.560%
1st payment$1,931.69$2,040.18
2nd payment$0.00$0.00
Taxes / mo$775.08$775.08
Insurance / mo$150.00$150.00
MI / mo$146.26$59.40
HOA / mo$132.00$132.00
Total monthly$3,135.03$3,156.67
Cash to close$25,472$33,000