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$503,053$494,100
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.650%7.400%
Blended rate7.200%7.640%
1st payment$3,277.43$3,421.05
2nd payment$0.00$0.00
Taxes / mo$1,053.42$1,053.42
Insurance / mo$166.67$166.67
MI / mo$233.99$98.82
HOA / mo$20.83$20.83
Total monthly$4,752.34$4,760.78
Cash to close$45,947$54,900