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$519,409$504,900
Remaining term (yrs)25.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.880%7.320%
Blended rate3.730%7.560%
1st payment$2,403.60$3,468.31
2nd payment$0.00$0.00
Taxes / mo$213.33$213.33
Insurance / mo$166.67$166.67
MI / mo$410.09$100.98
HOA / mo$32.00$32.00
Total monthly$3,225.69$3,981.29
Cash to close$41,591$56,100