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$381,862$359,999
Remaining term (yrs)24.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.060%7.320%
Blended rate3.910%7.560%
1st payment$1,835.05$2,472.94
2nd payment$0.00$0.00
Taxes / mo$416.67$416.67
Insurance / mo$150.00$150.00
MI / mo$305.95$72.00
HOA / mo$315.00$315.00
Total monthly$3,022.66$3,426.61
Cash to close$18,137$40,000