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$378,035$368,100
Remaining term (yrs)37.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.770%7.400%
Blended rate7.320%7.640%
1st payment$2,310.40$2,548.65
2nd payment$0.00$0.00
Taxes / mo$191.25$191.25
Insurance / mo$150.00$150.00
MI / mo$175.09$73.62
HOA / mo$1.67$1.67
Total monthly$2,828.40$2,965.19
Cash to close$30,965$40,900