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$548,432$499,410
Remaining term (yrs)28.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate0.000%7.320%
Blended rate0.550%7.560%
1st payment$1,523.42$3,430.60
2nd payment$0.00$0.00
Taxes / mo$509.17$509.17
Insurance / mo$166.67$166.67
MI / mo$251.36$99.88
HOA / mo$361.00$361.00
Total monthly$2,811.62$4,567.32
Cash to close$6,468$55,490