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$407,859$405,000
Remaining term (yrs)25.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.450%7.320%
Blended rate4.300%7.560%
1st payment$2,005.84$2,782.07
2nd payment$0.00$0.00
Taxes / mo$450.00$450.00
Insurance / mo$150.00$150.00
MI / mo$318.38$81.00
HOA / mo$0.00$0.00
Total monthly$2,924.22$3,463.07
Cash to close$42,141$45,000