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$417,166$413,100
Remaining term (yrs)28.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.260%7.400%
Blended rate6.810%7.640%
1st payment$2,601.71$2,860.22
2nd payment$0.00$0.00
Taxes / mo$382.50$382.50
Insurance / mo$166.67$166.67
MI / mo$193.46$82.62
HOA / mo$0.00$0.00
Total monthly$3,344.34$3,492.01
Cash to close$41,834$45,900