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$309,004$296,874
Remaining term (yrs)29.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.220%7.400%
Blended rate6.770%7.640%
1st payment$1,913.35$2,055.50
2nd payment$0.00$0.00
Taxes / mo$218.33$218.33
Insurance / mo$150.00$150.00
MI / mo$142.88$59.37
HOA / mo$40.00$40.00
Total monthly$2,464.56$2,523.20
Cash to close$20,856$32,986