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$325,333$328,410
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.300%7.400%
Blended rate6.150%7.640%
1st payment$1,928.93$2,273.84
2nd payment$0.00$0.00
Taxes / mo$179.83$179.83
Insurance / mo$150.00$150.00
MI / mo$246.05$65.68
HOA / mo$200.00$200.00
Total monthly$2,704.82$2,869.36
Cash to close$39,567$36,490