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$394,630$386,100
Remaining term (yrs)29.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.220%7.320%
Blended rate6.770%7.560%
1st payment$2,446.00$2,652.24
2nd payment$0.00$0.00
Taxes / mo$723.57$723.57
Insurance / mo$150.00$150.00
MI / mo$182.66$77.22
HOA / mo$184.00$184.00
Total monthly$3,686.24$3,787.03
Cash to close$34,370$42,900