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$432,124$409,500
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.300%7.400%
Blended rate6.150%7.640%
1st payment$2,562.11$2,835.30
2nd payment$0.00$0.00
Taxes / mo$243.42$243.42
Insurance / mo$166.67$166.67
MI / mo$326.82$81.90
HOA / mo$0.00$0.00
Total monthly$3,299.01$3,327.28
Cash to close$22,876$45,500