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$436,674$422,100
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.120%7.400%
Blended rate6.670%7.640%
1st payment$2,778.10$2,922.54
2nd payment$0.00$0.00
Taxes / mo$255.50$255.50
Insurance / mo$166.67$166.67
MI / mo$209.67$84.42
HOA / mo$40.00$40.00
Total monthly$3,449.93$3,469.12
Cash to close$32,326$46,900