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$371,320$373,500
Remaining term (yrs)28.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.270%7.400%
Blended rate6.820%7.640%
1st payment$2,322.92$2,586.04
2nd payment$0.00$0.00
Taxes / mo$52.50$52.50
Insurance / mo$150.00$150.00
MI / mo$172.55$74.70
HOA / mo$0.00$0.00
Total monthly$2,697.97$2,863.24
Cash to close$43,680$41,500