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$322,286$328,410
Remaining term (yrs)25.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.760%7.400%
Blended rate4.610%7.640%
1st payment$1,635.96$2,273.84
2nd payment$0.00$0.00
Taxes / mo$261.67$261.67
Insurance / mo$150.00$150.00
MI / mo$249.91$65.68
HOA / mo$0.00$0.00
Total monthly$2,297.54$2,751.19
Cash to close$42,614$36,490