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$352,692$337,410
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.160%7.320%
Blended rate6.710%7.560%
1st payment$2,220.31$2,317.77
2nd payment$0.00$0.00
Taxes / mo$374.83$374.83
Insurance / mo$150.00$150.00
MI / mo$162.76$67.48
HOA / mo$0.00$0.00
Total monthly$2,907.90$2,910.09
Cash to close$22,208$37,490