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$427,121$382,500
Remaining term (yrs)28.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate0.000%7.400%
Blended rate0.550%7.640%
1st payment$1,186.45$2,648.35
2nd payment$0.00$0.00
Taxes / mo$354.17$354.17
Insurance / mo$150.00$150.00
MI / mo$195.76$76.50
HOA / mo$0.00$0.00
Total monthly$1,886.38$3,229.02
Cash to close$0$42,500