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$361,390$359,100
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.150%7.400%
Blended rate6.700%7.640%
1st payment$2,303.04$2,486.34
2nd payment$0.00$0.00
Taxes / mo$183.33$183.33
Insurance / mo$150.00$150.00
MI / mo$173.26$71.82
HOA / mo$18.33$18.33
Total monthly$2,827.97$2,909.82
Cash to close$37,610$39,900