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$401,682$382,500
Remaining term (yrs)25.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.880%7.400%
Blended rate3.730%7.640%
1st payment$1,871.34$2,648.35
2nd payment$0.00$0.00
Taxes / mo$354.17$354.17
Insurance / mo$150.00$150.00
MI / mo$319.28$76.50
HOA / mo$200.00$200.00
Total monthly$2,894.79$3,429.02
Cash to close$23,318$42,500