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$366,025$360,000
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.130%7.320%
Blended rate6.680%7.560%
1st payment$2,328.00$2,472.95
2nd payment$0.00$0.00
Taxes / mo$217.33$217.33
Insurance / mo$150.00$150.00
MI / mo$175.51$72.00
HOA / mo$0.00$0.00
Total monthly$2,870.84$2,912.28
Cash to close$33,975$40,000