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$362,112$355,500
Remaining term (yrs)25.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.690%7.320%
Blended rate4.540%7.560%
1st payment$1,824.27$2,442.04
2nd payment$0.00$0.00
Taxes / mo$182.75$182.75
Insurance / mo$150.00$150.00
MI / mo$281.08$71.10
HOA / mo$67.00$67.00
Total monthly$2,505.11$2,912.89
Cash to close$32,888$39,500