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$502,880$481,500
Remaining term (yrs)27.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.250%7.400%
Blended rate5.800%7.640%
1st payment$2,871.08$3,333.81
2nd payment$0.00$0.00
Taxes / mo$526.00$526.00
Insurance / mo$166.67$166.67
MI / mo$238.30$96.30
HOA / mo$60.00$60.00
Total monthly$3,862.05$4,182.78
Cash to close$32,120$53,500