Dan Frey Home Loans
Call Dan

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$407,834$382,500
Remaining term (yrs)29.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.620%7.400%
Blended rate5.170%7.640%
1st payment$2,109.31$2,648.35
2nd payment$0.00$0.00
Taxes / mo$111.74$111.74
Insurance / mo$150.00$150.00
MI / mo$188.15$76.50
HOA / mo$0.00$0.00
Total monthly$2,559.20$2,986.60
Cash to close$17,166$42,500