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$324,138$323,910
Remaining term (yrs)28.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.047%7.320%
Blended rate6.597%7.560%
1st payment$1,981.46$2,225.04
2nd payment$0.00$0.00
Taxes / mo$99.67$99.67
Insurance / mo$150.00$150.00
MI / mo$150.71$64.78
HOA / mo$0.00$0.00
Total monthly$2,381.84$2,539.49
Cash to close$35,762$35,990