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$305,932$305,910
Remaining term (yrs)29.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.270%7.400%
Blended rate6.820%7.640%
1st payment$1,904.20$2,118.06
2nd payment$0.00$0.00
Taxes / mo$62.67$62.67
Insurance / mo$150.00$150.00
MI / mo$141.45$61.18
HOA / mo$0.00$0.00
Total monthly$2,258.31$2,391.91
Cash to close$33,968$33,990