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$403,033$404,550
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.630%7.320%
Blended rate7.180%7.560%
1st payment$2,623.09$2,778.98
2nd payment$0.00$0.00
Taxes / mo$390.42$390.42
Insurance / mo$150.00$150.00
MI / mo$187.66$80.91
HOA / mo$0.00$0.00
Total monthly$3,351.17$3,400.30
Cash to close$46,467$44,950