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$435,625$422,100
Remaining term (yrs)28.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.500%7.400%
Blended rate7.050%7.640%
1st payment$2,792.79$2,922.54
2nd payment$0.00$0.00
Taxes / mo$116.83$116.83
Insurance / mo$166.67$166.67
MI / mo$202.51$84.42
HOA / mo$0.00$0.00
Total monthly$3,278.80$3,290.46
Cash to close$33,375$46,900