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$346,022$346,410
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.600%7.320%
Blended rate7.150%7.560%
1st payment$2,275.51$2,379.60
2nd payment$0.00$0.00
Taxes / mo$184.42$184.42
Insurance / mo$150.00$150.00
MI / mo$163.30$69.28
HOA / mo$25.00$25.00
Total monthly$2,798.23$2,808.30
Cash to close$38,878$38,490