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$410,737$398,250
Remaining term (yrs)27.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.250%7.400%
Blended rate5.800%7.640%
1st payment$2,348.15$2,757.40
2nd payment$0.00$0.00
Taxes / mo$398.75$398.75
Insurance / mo$150.00$150.00
MI / mo$194.90$79.65
HOA / mo$12.50$12.50
Total monthly$3,104.29$3,398.30
Cash to close$31,763$44,250