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$493,402$467,100
Remaining term (yrs)29.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.090%7.320%
Blended rate6.640%7.560%
1st payment$3,001.64$3,208.65
2nd payment$0.00$0.00
Taxes / mo$56.00$56.00
Insurance / mo$166.67$166.67
MI / mo$227.27$93.42
HOA / mo$12.50$12.50
Total monthly$3,464.07$3,537.24
Cash to close$25,598$51,900