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$370,066$358,200
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.440%7.400%
Blended rate6.990%7.640%
1st payment$2,377.57$2,480.10
2nd payment$0.00$0.00
Taxes / mo$347.25$347.25
Insurance / mo$150.00$150.00
MI / mo$173.49$71.64
HOA / mo$84.00$84.00
Total monthly$3,132.31$3,132.99
Cash to close$27,934$39,800