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$373,621$376,920
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.850%7.400%
Blended rate7.400%7.640%
1st payment$2,487.89$2,609.72
2nd payment$0.00$0.00
Taxes / mo$349.00$349.00
Insurance / mo$150.00$150.00
MI / mo$174.02$75.38
HOA / mo$235.00$235.00
Total monthly$3,395.91$3,419.10
Cash to close$45,179$41,880