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$386,410$382,410
Remaining term (yrs)29.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.060%7.320%
Blended rate6.610%7.560%
1st payment$2,345.68$2,626.89
2nd payment$0.00$0.00
Taxes / mo$197.00$197.00
Insurance / mo$150.00$150.00
MI / mo$178.17$76.48
HOA / mo$37.50$37.50
Total monthly$2,908.35$3,087.87
Cash to close$38,490$42,490