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$435,728$409,500
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.500%7.400%
Blended rate5.050%7.640%
1st payment$2,263.16$2,835.30
2nd payment$0.00$0.00
Taxes / mo$349.67$349.67
Insurance / mo$166.67$166.67
MI / mo$204.72$81.90
HOA / mo$91.00$91.00
Total monthly$3,075.21$3,524.53
Cash to close$19,272$45,500