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$469,696$467,910
Remaining term (yrs)28.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.880%7.400%
Blended rate6.430%7.640%
1st payment$2,818.37$3,239.71
2nd payment$0.00$0.00
Taxes / mo$615.08$615.08
Insurance / mo$166.67$166.67
MI / mo$218.25$93.58
HOA / mo$0.00$0.00
Total monthly$3,818.37$4,115.05
Cash to close$50,204$51,990