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$324,777$324,000
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.890%7.320%
Blended rate6.740%7.560%
1st payment$2,033.27$2,225.66
2nd payment$0.00$0.00
Taxes / mo$135.00$135.00
Insurance / mo$150.00$150.00
MI / mo$243.08$64.80
HOA / mo$240.00$240.00
Total monthly$2,801.34$2,815.46
Cash to close$35,223$36,000