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$317,568$315,000
Remaining term (yrs)25.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.250%7.320%
Blended rate6.100%7.560%
1st payment$1,870.60$2,163.83
2nd payment$0.00$0.00
Taxes / mo$291.67$291.67
Insurance / mo$150.00$150.00
MI / mo$239.95$63.00
HOA / mo$0.00$0.00
Total monthly$2,552.21$2,668.50
Cash to close$32,432$35,000