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$303,441$296,100
Remaining term (yrs)25.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.560%7.400%
Blended rate4.410%7.640%
1st payment$1,510.30$2,050.14
2nd payment$0.00$0.00
Taxes / mo$170.17$170.17
Insurance / mo$150.00$150.00
MI / mo$236.47$59.22
HOA / mo$0.00$0.00
Total monthly$2,066.94$2,429.52
Cash to close$25,559$32,900