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$392,568$381,510
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.170%7.400%
Blended rate5.020%7.640%
1st payment$2,074.32$2,641.50
2nd payment$0.00$0.00
Taxes / mo$370.92$370.92
Insurance / mo$150.00$150.00
MI / mo$301.54$76.30
HOA / mo$130.00$130.00
Total monthly$3,026.78$3,368.72
Cash to close$31,332$42,390