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$417,173$418,500
Remaining term (yrs)25.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.560%7.400%
Blended rate4.410%7.640%
1st payment$2,084.77$2,897.61
2nd payment$0.00$0.00
Taxes / mo$413.83$413.83
Insurance / mo$166.67$166.67
MI / mo$326.42$83.70
HOA / mo$47.00$47.00
Total monthly$3,038.68$3,608.81
Cash to close$47,827$46,500