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$317,397$305,910
Remaining term (yrs)25.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.420%7.320%
Blended rate5.270%7.560%
1st payment$1,724.98$2,101.39
2nd payment$0.00$0.00
Taxes / mo$305.17$305.17
Insurance / mo$150.00$150.00
MI / mo$243.43$61.18
HOA / mo$392.00$392.00
Total monthly$2,815.57$3,009.74
Cash to close$22,503$33,990