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$326,256$296,999
Remaining term (yrs)25.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.120%7.400%
Blended rate3.970%7.640%
1st payment$1,550.62$2,056.36
2nd payment$0.00$0.00
Taxes / mo$769.25$769.25
Insurance / mo$150.00$150.00
MI / mo$256.56$59.40
HOA / mo$14.00$14.00
Total monthly$2,740.43$3,049.01
Cash to close$3,743$33,000