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$475,711$464,130
Remaining term (yrs)29.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.300%7.320%
Blended rate6.850%7.560%
1st payment$2,973.13$3,188.25
2nd payment$0.00$0.00
Taxes / mo$104.17$104.17
Insurance / mo$166.67$166.67
MI / mo$220.15$92.83
HOA / mo$0.00$0.00
Total monthly$3,464.12$3,551.91
Cash to close$39,989$51,570