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$323,469$314,910
Remaining term (yrs)28.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.560%7.400%
Blended rate7.110%7.640%
1st payment$2,078.32$2,180.37
2nd payment$0.00$0.00
Taxes / mo$61.00$61.00
Insurance / mo$150.00$150.00
MI / mo$149.77$62.98
HOA / mo$0.00$0.00
Total monthly$2,439.09$2,454.36
Cash to close$26,431$34,990