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$433,946$432,000
Remaining term (yrs)25.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.550%7.400%
Blended rate6.400%7.640%
1st payment$2,634.21$2,991.08
2nd payment$0.00$0.00
Taxes / mo$245.92$245.92
Insurance / mo$166.67$166.67
MI / mo$326.82$86.40
HOA / mo$69.00$69.00
Total monthly$3,442.61$3,559.06
Cash to close$46,054$48,000