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$413,679$392,850
Remaining term (yrs)29.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.370%7.400%
Blended rate6.920%7.640%
1st payment$2,589.14$2,720.01
2nd payment$0.00$0.00
Taxes / mo$363.75$363.75
Insurance / mo$150.00$150.00
MI / mo$190.31$78.57
HOA / mo$0.00$0.00
Total monthly$3,293.21$3,312.33
Cash to close$22,821$43,650