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$405,835$404,910
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$2,641.33$2,781.45
2nd payment$0.00$0.00
Taxes / mo$74.92$74.92
Insurance / mo$150.00$150.00
MI / mo$188.97$80.98
HOA / mo$0.00$0.00
Total monthly$3,055.21$3,087.35
Cash to close$44,065$44,990