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$375,743$373,500
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.430%7.320%
Blended rate6.980%7.560%
1st payment$2,452.10$2,565.69
2nd payment$0.00$0.00
Taxes / mo$708.58$708.58
Insurance / mo$150.00$150.00
MI / mo$179.11$74.70
HOA / mo$0.00$0.00
Total monthly$3,489.80$3,498.97
Cash to close$39,257$41,500