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$387,616$378,000
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.250%7.320%
Blended rate5.800%7.560%
1st payment$2,224.96$2,596.60
2nd payment$0.00$0.00
Taxes / mo$595.75$595.75
Insurance / mo$150.00$150.00
MI / mo$184.67$75.60
HOA / mo$10.75$10.75
Total monthly$3,166.13$3,428.70
Cash to close$32,384$42,000