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$424,081$422,910
Remaining term (yrs)28.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.690%7.320%
Blended rate7.240%7.560%
1st payment$2,784.86$2,905.10
2nd payment$0.00$0.00
Taxes / mo$89.27$89.27
Insurance / mo$166.67$166.67
MI / mo$198.01$84.58
HOA / mo$100.00$100.00
Total monthly$3,338.81$3,345.62
Cash to close$45,819$46,990