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$405,687$395,100
Remaining term (yrs)29.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.190%7.320%
Blended rate6.740%7.560%
1st payment$2,501.63$2,714.06
2nd payment$0.00$0.00
Taxes / mo$227.83$227.83
Insurance / mo$150.00$150.00
MI / mo$187.41$79.02
HOA / mo$4.17$4.17
Total monthly$3,071.04$3,175.09
Cash to close$33,313$43,900