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$430,563$427,500
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.670%7.320%
Blended rate7.220%7.560%
1st payment$2,810.78$2,936.63
2nd payment$0.00$0.00
Taxes / mo$154.00$154.00
Insurance / mo$166.67$166.67
MI / mo$200.26$85.50
HOA / mo$121.00$121.00
Total monthly$3,452.71$3,463.80
Cash to close$44,437$47,500