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$314,904$310,500
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.100%7.320%
Blended rate5.950%7.560%
1st payment$1,829.72$2,132.92
2nd payment$0.00$0.00
Taxes / mo$628.75$628.75
Insurance / mo$150.00$150.00
MI / mo$238.71$62.10
HOA / mo$20.83$20.83
Total monthly$2,868.00$2,994.60
Cash to close$30,096$34,500