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$442,204$427,500
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.230%7.320%
Blended rate6.080%7.560%
1st payment$2,603.44$2,936.63
2nd payment$0.00$0.00
Taxes / mo$288.17$288.17
Insurance / mo$166.67$166.67
MI / mo$334.70$85.50
HOA / mo$87.00$87.00
Total monthly$3,479.98$3,563.96
Cash to close$32,796$47,500