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$422,644$423,000
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.690%7.400%
Blended rate7.240%7.640%
1st payment$2,803.95$2,928.77
2nd payment$0.00$0.00
Taxes / mo$391.67$391.67
Insurance / mo$166.67$166.67
MI / mo$199.37$84.60
HOA / mo$154.00$154.00
Total monthly$3,715.65$3,725.70
Cash to close$47,356$47,000