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$300,140$295,650
Remaining term (yrs)25.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.670%7.240%
Blended rate5.520%7.480%
1st payment$1,674.16$2,014.85
2nd payment$0.00$0.00
Taxes / mo$159.67$159.67
Insurance / mo$150.00$150.00
MI / mo$229.45$59.13
HOA / mo$0.00$0.00
Total monthly$2,213.27$2,383.65
Cash to close$28,360$32,850