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$354,872$344,250
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.250%7.320%
Blended rate6.800%7.560%
1st payment$2,231.88$2,364.76
2nd payment$0.00$0.00
Taxes / mo$350.92$350.92
Insurance / mo$150.00$150.00
MI / mo$166.14$68.85
HOA / mo$56.67$56.67
Total monthly$2,955.60$2,991.20
Cash to close$27,628$38,250