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$362,327$363,600
Remaining term (yrs)25.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.720%7.320%
Blended rate5.570%7.560%
1st payment$2,031.49$2,497.68
2nd payment$0.00$0.00
Taxes / mo$98.25$98.25
Insurance / mo$150.00$150.00
MI / mo$276.81$72.72
HOA / mo$0.00$0.00
Total monthly$2,556.55$2,818.65
Cash to close$41,673$40,400