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$419,301$400,500
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.510%7.400%
Blended rate6.360%7.640%
1st payment$2,531.52$2,772.98
2nd payment$0.00$0.00
Taxes / mo$383.58$383.58
Insurance / mo$150.00$150.00
MI / mo$315.47$80.10
HOA / mo$0.00$0.00
Total monthly$3,380.57$3,386.66
Cash to close$25,699$44,500