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$411,045$395,910
Remaining term (yrs)37.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.600%7.400%
Blended rate7.150%7.640%
1st payment$2,471.31$2,741.20
2nd payment$0.00$0.00
Taxes / mo$366.58$366.58
Insurance / mo$150.00$150.00
MI / mo$191.14$79.18
HOA / mo$0.00$0.00
Total monthly$3,179.03$3,336.97
Cash to close$28,855$43,990