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$337,470$337,500
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.470%7.400%
Blended rate7.020%7.640%
1st payment$2,176.96$2,336.78
2nd payment$0.00$0.00
Taxes / mo$272.25$272.25
Insurance / mo$150.00$150.00
MI / mo$158.35$67.50
HOA / mo$0.00$0.00
Total monthly$2,757.56$2,826.53
Cash to close$37,530$37,500