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$487,968$481,410
Remaining term (yrs)28.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.750%7.400%
Blended rate4.300%7.640%
1st payment$2,309.56$3,333.19
2nd payment$0.00$0.00
Taxes / mo$94.10$94.10
Insurance / mo$166.67$166.67
MI / mo$228.57$96.28
HOA / mo$76.67$76.67
Total monthly$2,875.56$3,766.90
Cash to close$46,932$53,490