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$377,777$337,500
Remaining term (yrs)25.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.170%7.400%
Blended rate5.020%7.640%
1st payment$1,999.79$2,336.78
2nd payment$0.00$0.00
Taxes / mo$472.17$472.17
Insurance / mo$150.00$150.00
MI / mo$290.71$67.50
HOA / mo$113.00$113.00
Total monthly$3,025.66$3,139.45
Cash to close$0$37,500