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$468,247$402,300
Remaining term (yrs)25.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.550%7.400%
Blended rate4.400%7.640%
1st payment$2,332.74$2,785.44
2nd payment$0.00$0.00
Taxes / mo$515.42$515.42
Insurance / mo$150.00$150.00
MI / mo$365.70$80.46
HOA / mo$138.67$138.67
Total monthly$3,502.53$3,669.99
Cash to close$0$44,700