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$378,097$373,500
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.490%7.320%
Blended rate7.040%7.560%
1st payment$2,441.35$2,565.69
2nd payment$0.00$0.00
Taxes / mo$582.50$582.50
Insurance / mo$150.00$150.00
MI / mo$177.21$74.70
HOA / mo$155.00$155.00
Total monthly$3,506.06$3,527.89
Cash to close$36,903$41,500