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$451,691$414,000
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.000%7.400%
Blended rate4.850%7.640%
1st payment$2,343.84$2,866.45
2nd payment$0.00$0.00
Taxes / mo$317.67$317.67
Insurance / mo$166.67$166.67
MI / mo$347.75$82.80
HOA / mo$32.50$32.50
Total monthly$3,208.42$3,466.09
Cash to close$8,309$46,000