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$521,208$472,500
Remaining term (yrs)25.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.880%7.320%
Blended rate3.730%7.560%
1st payment$2,417.31$3,245.75
2nd payment$0.00$0.00
Taxes / mo$300.75$300.75
Insurance / mo$166.67$166.67
MI / mo$412.43$94.50
HOA / mo$1.67$1.67
Total monthly$3,298.83$3,809.33
Cash to close$3,792$52,500