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$376,492$377,999
Remaining term (yrs)28.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.870%7.400%
Blended rate7.420%7.640%
1st payment$2,514.34$2,617.19
2nd payment$0.00$0.00
Taxes / mo$222.26$222.26
Insurance / mo$150.00$150.00
MI / mo$175.51$75.60
HOA / mo$198.00$198.00
Total monthly$3,260.11$3,263.05
Cash to close$43,507$42,000