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$304,418$296,910
Remaining term (yrs)28.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.200%7.400%
Blended rate6.750%7.640%
1st payment$1,906.92$2,055.74
2nd payment$0.00$0.00
Taxes / mo$123.83$123.83
Insurance / mo$150.00$150.00
MI / mo$142.70$59.38
HOA / mo$0.00$0.00
Total monthly$2,323.45$2,388.96
Cash to close$25,482$32,990