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$355,079$355,500
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.270%7.320%
Blended rate6.820%7.560%
1st payment$2,284.02$2,442.04
2nd payment$0.00$0.00
Taxes / mo$131.00$131.00
Insurance / mo$150.00$150.00
MI / mo$169.66$71.10
HOA / mo$0.00$0.00
Total monthly$2,734.69$2,794.14
Cash to close$39,921$39,500