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$556,535$550,800
Remaining term (yrs)28.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.080%7.400%
Blended rate6.630%7.640%
1st payment$3,443.75$3,813.63
2nd payment$0.00$0.00
Taxes / mo$255.83$255.83
Insurance / mo$166.67$166.67
MI / mo$261.02$110.16
HOA / mo$4.17$4.17
Total monthly$4,131.44$4,350.46
Cash to close$55,465$61,200