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$343,472$341,910
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.120%7.400%
Blended rate6.670%7.640%
1st payment$2,182.41$2,367.32
2nd payment$0.00$0.00
Taxes / mo$316.58$316.58
Insurance / mo$150.00$150.00
MI / mo$164.71$68.38
HOA / mo$0.00$0.00
Total monthly$2,813.70$2,902.28
Cash to close$36,428$37,990