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$436,334$422,100
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.200%7.320%
Blended rate6.750%7.560%
1st payment$2,736.25$2,899.53
2nd payment$0.00$0.00
Taxes / mo$163.50$163.50
Insurance / mo$166.67$166.67
MI / mo$204.76$84.42
HOA / mo$58.00$58.00
Total monthly$3,329.18$3,372.12
Cash to close$32,666$46,900