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$443,361$396,000
Remaining term (yrs)29.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.990%7.320%
Blended rate5.540%7.560%
1st payment$2,380.21$2,720.25
2nd payment$0.00$0.00
Taxes / mo$325.17$325.17
Insurance / mo$150.00$150.00
MI / mo$203.45$79.20
HOA / mo$140.00$140.00
Total monthly$3,198.83$3,414.61
Cash to close$0$44,000