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$321,370$310,050
Remaining term (yrs)29.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.100%7.320%
Blended rate6.650%7.560%
1st payment$1,957.14$2,129.83
2nd payment$0.00$0.00
Taxes / mo$401.83$401.83
Insurance / mo$150.00$150.00
MI / mo$148.02$62.01
HOA / mo$523.00$523.00
Total monthly$3,180.00$3,266.67
Cash to close$23,130$34,450