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$393,954$359,010
Remaining term (yrs)25.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.160%7.320%
Blended rate5.010%7.560%
1st payment$2,083.21$2,466.15
2nd payment$0.00$0.00
Taxes / mo$711.75$711.75
Insurance / mo$150.00$150.00
MI / mo$303.20$71.80
HOA / mo$57.50$57.50
Total monthly$3,305.66$3,457.20
Cash to close$4,946$39,890