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$367,288$355,500
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.300%7.400%
Blended rate6.150%7.640%
1st payment$2,180.99$2,461.41
2nd payment$0.00$0.00
Taxes / mo$83.50$83.50
Insurance / mo$150.00$150.00
MI / mo$278.20$71.10
HOA / mo$14.58$14.58
Total monthly$2,707.27$2,780.59
Cash to close$27,712$39,500