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$526,765$518,400
Remaining term (yrs)25.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.160%7.400%
Blended rate5.010%7.640%
1st payment$2,785.51$3,589.30
2nd payment$0.00$0.00
Taxes / mo$401.33$401.33
Insurance / mo$166.67$166.67
MI / mo$405.41$103.68
HOA / mo$30.00$30.00
Total monthly$3,788.92$4,290.98
Cash to close$49,235$57,600