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$480,260$461,700
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.980%7.400%
Blended rate5.830%7.640%
1st payment$2,760.96$3,196.72
2nd payment$0.00$0.00
Taxes / mo$427.50$427.50
Insurance / mo$166.67$166.67
MI / mo$365.14$92.34
HOA / mo$0.00$0.00
Total monthly$3,720.27$3,883.22
Cash to close$32,740$51,300