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$396,803$381,499
Remaining term (yrs)25.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.070%7.400%
Blended rate3.920%7.640%
1st payment$1,879.58$2,641.42
2nd payment$0.00$0.00
Taxes / mo$353.24$353.24
Insurance / mo$150.00$150.00
MI / mo$312.98$76.30
HOA / mo$0.00$0.00
Total monthly$2,695.79$3,220.96
Cash to close$27,085$42,389