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$338,548$341,910
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.670%7.400%
Blended rate7.220%7.640%
1st payment$2,210.09$2,367.32
2nd payment$0.00$0.00
Taxes / mo$132.08$132.08
Insurance / mo$150.00$150.00
MI / mo$157.47$68.38
HOA / mo$20.00$20.00
Total monthly$2,669.64$2,737.78
Cash to close$41,352$37,990