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$543,454$534,591
Remaining term (yrs)29.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.500%7.400%
Blended rate7.050%7.640%
1st payment$3,438.11$3,701.40
2nd payment$0.00$0.00
Taxes / mo$494.99$494.99
Insurance / mo$166.67$166.67
MI / mo$249.31$106.92
HOA / mo$0.00$0.00
Total monthly$4,349.08$4,469.98
Cash to close$50,536$59,399