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$499,873$463,500
Remaining term (yrs)25.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.750%7.320%
Blended rate4.600%7.560%
1st payment$2,544.59$3,183.92
2nd payment$0.00$0.00
Taxes / mo$591.42$591.42
Insurance / mo$166.67$166.67
MI / mo$389.19$92.70
HOA / mo$36.50$36.50
Total monthly$3,728.37$4,071.21
Cash to close$15,127$51,500