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$403,506$404,100
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.990%7.400%
Blended rate5.840%7.640%
1st payment$2,307.50$2,797.91
2nd payment$0.00$0.00
Taxes / mo$374.17$374.17
Insurance / mo$150.00$150.00
MI / mo$304.82$80.82
HOA / mo$332.00$332.00
Total monthly$3,468.48$3,734.89
Cash to close$45,494$44,900