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$365,897$324,000
Remaining term (yrs)25.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.200%7.320%
Blended rate5.050%7.560%
1st payment$1,932.64$2,225.66
2nd payment$0.00$0.00
Taxes / mo$193.25$193.25
Insurance / mo$150.00$150.00
MI / mo$279.94$64.80
HOA / mo$380.00$380.00
Total monthly$2,935.83$3,013.71
Cash to close$0$36,000