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$351,500$332,100
Remaining term (yrs)29.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.250%7.400%
Blended rate4.800%7.640%
1st payment$1,743.71$2,299.39
2nd payment$0.00$0.00
Taxes / mo$161.58$161.58
Insurance / mo$150.00$150.00
MI / mo$162.46$66.42
HOA / mo$75.00$75.00
Total monthly$2,292.75$2,752.40
Cash to close$17,500$36,900