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$369,551$359,910
Remaining term (yrs)25.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.500%7.400%
Blended rate4.350%7.640%
1st payment$1,838.60$2,491.94
2nd payment$0.00$0.00
Taxes / mo$272.17$272.17
Insurance / mo$150.00$150.00
MI / mo$290.02$71.98
HOA / mo$21.00$21.00
Total monthly$2,571.79$3,007.09
Cash to close$30,349$39,990