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$301,649$305,910
Remaining term (yrs)27.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.610%7.400%
Blended rate7.160%7.640%
1st payment$1,989.93$2,118.06
2nd payment$0.00$0.00
Taxes / mo$540.33$540.33
Insurance / mo$150.00$150.00
MI / mo$142.66$61.18
HOA / mo$18.83$18.83
Total monthly$2,841.76$2,888.40
Cash to close$38,251$33,990