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$367,271$368,100
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.740%7.400%
Blended rate7.290%7.640%
1st payment$2,443.39$2,548.65
2nd payment$0.00$0.00
Taxes / mo$173.83$173.83
Insurance / mo$150.00$150.00
MI / mo$172.84$73.62
HOA / mo$33.33$33.33
Total monthly$2,973.39$2,979.43
Cash to close$41,729$40,900