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$383,977$377,996
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.500%7.320%
Blended rate7.050%7.560%
1st payment$2,481.79$2,596.57
2nd payment$0.00$0.00
Taxes / mo$506.50$506.50
Insurance / mo$150.00$150.00
MI / mo$179.96$75.60
HOA / mo$501.00$501.00
Total monthly$3,819.25$3,829.67
Cash to close$36,018$42,000