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$408,931$409,500
Remaining term (yrs)25.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.890%7.400%
Blended rate4.740%7.640%
1st payment$2,104.99$2,835.30
2nd payment$0.00$0.00
Taxes / mo$247.93$247.93
Insurance / mo$166.67$166.67
MI / mo$316.50$81.90
HOA / mo$41.67$41.67
Total monthly$2,877.76$3,373.47
Cash to close$46,069$45,500