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$390,589$391,500
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.620%7.320%
Blended rate7.170%7.560%
1st payment$2,576.39$2,689.33
2nd payment$0.00$0.00
Taxes / mo$141.58$141.58
Insurance / mo$150.00$150.00
MI / mo$184.51$78.30
HOA / mo$95.00$95.00
Total monthly$3,147.48$3,154.22
Cash to close$44,411$43,500