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$424,215$422,910
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.250%7.400%
Blended rate4.800%7.640%
1st payment$2,221.69$2,928.14
2nd payment$0.00$0.00
Taxes / mo$545.55$545.55
Insurance / mo$166.67$166.67
MI / mo$206.99$84.58
HOA / mo$9.25$9.25
Total monthly$3,150.15$3,734.19
Cash to close$45,685$46,990