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$323,260$328,410
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.640%7.400%
Blended rate7.190%7.640%
1st payment$2,131.90$2,273.84
2nd payment$0.00$0.00
Taxes / mo$151.33$151.33
Insurance / mo$150.00$150.00
MI / mo$152.36$65.68
HOA / mo$240.00$240.00
Total monthly$2,825.59$2,880.86
Cash to close$41,640$36,490