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$363,889$350,010
Remaining term (yrs)29.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.190%7.320%
Blended rate6.740%7.560%
1st payment$2,246.16$2,404.33
2nd payment$0.00$0.00
Taxes / mo$103.50$103.50
Insurance / mo$150.00$150.00
MI / mo$168.27$70.00
HOA / mo$0.00$0.00
Total monthly$2,667.92$2,727.83
Cash to close$25,011$38,890