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$477,042$459,000
Remaining term (yrs)25.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.900%7.400%
Blended rate3.750%7.640%
1st payment$2,227.36$3,178.02
2nd payment$0.00$0.00
Taxes / mo$304.08$304.08
Insurance / mo$166.67$166.67
MI / mo$379.05$91.80
HOA / mo$298.00$298.00
Total monthly$3,375.16$4,038.57
Cash to close$32,958$51,000