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$365,249$356,310
Remaining term (yrs)28.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.500%7.400%
Blended rate7.050%7.640%
1st payment$2,358.29$2,467.02
2nd payment$0.00$0.00
Taxes / mo$237.47$237.47
Insurance / mo$150.00$150.00
MI / mo$171.01$71.26
HOA / mo$43.75$43.75
Total monthly$2,960.52$2,969.50
Cash to close$30,651$39,590