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$366,710$364,500
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.170%7.400%
Blended rate5.020%7.640%
1st payment$1,937.69$2,523.72
2nd payment$0.00$0.00
Taxes / mo$294.92$294.92
Insurance / mo$150.00$150.00
MI / mo$281.68$72.90
HOA / mo$0.00$0.00
Total monthly$2,664.28$3,041.54
Cash to close$38,290$40,500