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$354,747$346,500
Remaining term (yrs)29.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.300%7.400%
Blended rate6.850%7.640%
1st payment$2,214.92$2,399.10
2nd payment$0.00$0.00
Taxes / mo$188.50$188.50
Insurance / mo$150.00$150.00
MI / mo$164.01$69.30
HOA / mo$210.00$210.00
Total monthly$2,927.43$3,016.90
Cash to close$30,253$38,500