Dan Frey Home Loans
Call Dan

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$362,959$355,500
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.230%7.400%
Blended rate6.080%7.640%
1st payment$2,136.89$2,461.41
2nd payment$0.00$0.00
Taxes / mo$241.67$241.67
Insurance / mo$150.00$150.00
MI / mo$274.72$71.10
HOA / mo$32.00$32.00
Total monthly$2,835.28$2,956.18
Cash to close$32,041$39,500