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$401,525$328,500
Remaining term (yrs)25.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.450%7.400%
Blended rate4.300%7.640%
1st payment$1,974.69$2,274.47
2nd payment$0.00$0.00
Taxes / mo$304.17$304.17
Insurance / mo$150.00$150.00
MI / mo$313.44$65.70
HOA / mo$455.00$455.00
Total monthly$3,197.30$3,249.33
Cash to close$0$36,500