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$384,996$382,500
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.340%7.320%
Blended rate6.890%7.560%
1st payment$2,493.47$2,627.51
2nd payment$0.00$0.00
Taxes / mo$178.92$178.92
Insurance / mo$150.00$150.00
MI / mo$183.86$76.50
HOA / mo$0.00$0.00
Total monthly$3,006.25$3,032.93
Cash to close$40,004$42,500