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$508,890$486,000
Remaining term (yrs)29.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.340%7.320%
Blended rate6.890%7.560%
1st payment$3,193.67$3,338.48
2nd payment$0.00$0.00
Taxes / mo$93.33$93.33
Insurance / mo$166.67$166.67
MI / mo$235.49$97.20
HOA / mo$0.00$0.00
Total monthly$3,689.16$3,695.68
Cash to close$31,110$54,000