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$516,761$503,910
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.350%7.400%
Blended rate6.900%7.640%
1st payment$3,290.16$3,488.97
2nd payment$0.00$0.00
Taxes / mo$284.33$284.33
Insurance / mo$166.67$166.67
MI / mo$242.35$100.78
HOA / mo$60.00$60.00
Total monthly$4,043.51$4,100.75
Cash to close$43,139$55,990