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$357,046$359,910
Remaining term (yrs)28.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.770%7.400%
Blended rate7.320%7.640%
1st payment$2,347.62$2,491.94
2nd payment$0.00$0.00
Taxes / mo$399.08$399.08
Insurance / mo$150.00$150.00
MI / mo$165.56$71.98
HOA / mo$16.33$16.33
Total monthly$3,078.59$3,129.34
Cash to close$42,854$39,990