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$375,980$373,455
Remaining term (yrs)25.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.875%7.400%
Blended rate3.725%7.640%
1st payment$1,742.78$2,585.73
2nd payment$0.00$0.00
Taxes / mo$451.00$451.00
Insurance / mo$150.00$150.00
MI / mo$297.54$74.69
HOA / mo$28.00$28.00
Total monthly$2,669.32$3,289.42
Cash to close$38,970$41,495