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$483,062$478,800
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.500%7.400%
Blended rate7.050%7.640%
1st payment$3,103.09$3,315.11
2nd payment$0.00$0.00
Taxes / mo$407.42$407.42
Insurance / mo$166.67$166.67
MI / mo$225.02$95.76
HOA / mo$133.33$133.33
Total monthly$4,035.52$4,118.29
Cash to close$48,938$53,200