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$342,382$336,938
Remaining term (yrs)29.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.500%7.400%
Blended rate5.050%7.640%
1st payment$1,737.08$2,332.89
2nd payment$0.00$0.00
Taxes / mo$216.67$216.67
Insurance / mo$150.00$150.00
MI / mo$157.13$67.39
HOA / mo$60.00$60.00
Total monthly$2,320.88$2,826.94
Cash to close$31,993$37,438