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$350,304$353,700
Remaining term (yrs)25.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.550%7.320%
Blended rate4.400%7.560%
1st payment$1,734.70$2,429.67
2nd payment$0.00$0.00
Taxes / mo$463.92$463.92
Insurance / mo$150.00$150.00
MI / mo$271.94$70.74
HOA / mo$98.00$98.00
Total monthly$2,718.56$3,212.33
Cash to close$42,696$39,300