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$366,277$368,910
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.300%7.320%
Blended rate6.150%7.560%
1st payment$2,174.98$2,534.16
2nd payment$0.00$0.00
Taxes / mo$538.58$538.58
Insurance / mo$150.00$150.00
MI / mo$277.44$73.78
HOA / mo$87.00$87.00
Total monthly$3,228.00$3,383.52
Cash to close$43,623$40,990