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$369,896$373,410
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.120%7.320%
Blended rate6.670%7.560%
1st payment$2,295.70$2,565.07
2nd payment$0.00$0.00
Taxes / mo$669.75$669.75
Insurance / mo$150.00$150.00
MI / mo$173.26$74.68
HOA / mo$38.00$38.00
Total monthly$3,326.72$3,497.50
Cash to close$45,004$41,490