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$375,663$377,550
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.790%7.400%
Blended rate7.340%7.640%
1st payment$2,493.91$2,614.08
2nd payment$0.00$0.00
Taxes / mo$406.25$406.25
Insurance / mo$150.00$150.00
MI / mo$175.51$75.51
HOA / mo$41.67$41.67
Total monthly$3,267.34$3,287.51
Cash to close$43,837$41,950