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$355,137$350,100
Remaining term (yrs)29.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.460%7.400%
Blended rate7.010%7.640%
1st payment$2,243.62$2,424.02
2nd payment$0.00$0.00
Taxes / mo$398.41$398.41
Insurance / mo$150.00$150.00
MI / mo$163.37$70.02
HOA / mo$0.00$0.00
Total monthly$2,955.40$3,042.45
Cash to close$33,863$38,900