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$414,985$405,000
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.080%7.320%
Blended rate6.630%7.560%
1st payment$2,565.00$2,782.07
2nd payment$0.00$0.00
Taxes / mo$358.17$358.17
Insurance / mo$150.00$150.00
MI / mo$194.41$81.00
HOA / mo$175.00$175.00
Total monthly$3,442.58$3,546.24
Cash to close$35,015$45,000