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$384,521$378,000
Remaining term (yrs)25.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.690%7.400%
Blended rate4.540%7.640%
1st payment$1,940.98$2,617.20
2nd payment$0.00$0.00
Taxes / mo$141.83$141.83
Insurance / mo$150.00$150.00
MI / mo$299.07$75.60
HOA / mo$32.00$32.00
Total monthly$2,563.88$3,016.63
Cash to close$35,479$42,000