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$375,895$378,000
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.110%7.320%
Blended rate6.660%7.560%
1st payment$2,386.08$2,596.60
2nd payment$0.00$0.00
Taxes / mo$350.00$350.00
Insurance / mo$150.00$150.00
MI / mo$173.35$75.60
HOA / mo$86.00$86.00
Total monthly$3,145.43$3,258.20
Cash to close$44,105$42,000