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$359,439$347,399
Remaining term (yrs)29.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.190%7.400%
Blended rate6.740%7.640%
1st payment$2,218.69$2,405.32
2nd payment$0.00$0.00
Taxes / mo$186.17$186.17
Insurance / mo$150.00$150.00
MI / mo$166.21$69.48
HOA / mo$25.00$25.00
Total monthly$2,746.06$2,835.97
Cash to close$26,560$38,600