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$561,281$539,999
Remaining term (yrs)25.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.550%7.400%
Blended rate4.400%7.640%
1st payment$2,790.60$3,738.84
2nd payment$0.00$0.00
Taxes / mo$500.00$500.00
Insurance / mo$166.67$166.67
MI / mo$437.47$108.00
HOA / mo$699.00$699.00
Total monthly$4,593.74$5,212.51
Cash to close$38,718$60,000