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$411,539$407,700
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.410%7.320%
Blended rate6.260%7.560%
1st payment$2,456.28$2,800.62
2nd payment$0.00$0.00
Taxes / mo$563.35$563.35
Insurance / mo$166.67$166.67
MI / mo$309.50$81.54
HOA / mo$125.00$125.00
Total monthly$3,620.79$3,737.18
Cash to close$41,461$45,300