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$351,189$337,500
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.300%7.400%
Blended rate6.150%7.640%
1st payment$2,082.24$2,336.78
2nd payment$0.00$0.00
Taxes / mo$868.42$868.42
Insurance / mo$150.00$150.00
MI / mo$265.61$67.50
HOA / mo$82.00$82.00
Total monthly$3,448.26$3,504.70
Cash to close$23,811$37,500