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$326,235$319,500
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.540%7.400%
Blended rate7.090%7.640%
1st payment$2,112.66$2,212.15
2nd payment$0.00$0.00
Taxes / mo$122.50$122.50
Insurance / mo$150.00$150.00
MI / mo$152.56$63.90
HOA / mo$5.00$5.00
Total monthly$2,542.72$2,553.55
Cash to close$28,765$35,500