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$338,742$323,910
Remaining term (yrs)25.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.300%7.400%
Blended rate6.150%7.640%
1st payment$2,005.42$2,242.69
2nd payment$0.00$0.00
Taxes / mo$214.17$214.17
Insurance / mo$150.00$150.00
MI / mo$255.81$64.78
HOA / mo$45.00$45.00
Total monthly$2,670.39$2,716.64
Cash to close$21,158$35,990