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$351,389$337,500
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.090%7.400%
Blended rate6.640%7.640%
1st payment$2,228.94$2,336.78
2nd payment$0.00$0.00
Taxes / mo$312.50$312.50
Insurance / mo$150.00$150.00
MI / mo$168.76$67.50
HOA / mo$687.00$687.00
Total monthly$3,547.20$3,553.78
Cash to close$23,611$37,500