Dan Frey Home Loans
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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$436,645$427,500
Remaining term (yrs)24.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.550%7.400%
Blended rate6.400%7.640%
1st payment$2,690.29$2,959.92
2nd payment$0.00$0.00
Taxes / mo$300.83$300.83
Insurance / mo$166.67$166.67
MI / mo$329.32$85.50
HOA / mo$13.00$13.00
Total monthly$3,500.11$3,525.92
Cash to close$38,355$47,500