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$377,757$369,000
Remaining term (yrs)28.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.080%7.400%
Blended rate6.630%7.640%
1st payment$2,337.50$2,554.88
2nd payment$0.00$0.00
Taxes / mo$201.33$201.33
Insurance / mo$150.00$150.00
MI / mo$177.17$73.80
HOA / mo$100.00$100.00
Total monthly$2,966.00$3,080.01
Cash to close$32,243$41,000