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$353,957$346,500
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.220%7.320%
Blended rate6.070%7.560%
1st payment$2,072.35$2,380.21
2nd payment$0.00$0.00
Taxes / mo$516.74$516.74
Insurance / mo$150.00$150.00
MI / mo$266.73$69.30
HOA / mo$432.00$432.00
Total monthly$3,437.81$3,548.25
Cash to close$31,043$38,500