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$510,814$503,100
Remaining term (yrs)29.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.350%7.400%
Blended rate6.900%7.640%
1st payment$3,202.76$3,483.36
2nd payment$0.00$0.00
Taxes / mo$465.83$465.83
Insurance / mo$166.67$166.67
MI / mo$235.91$100.62
HOA / mo$0.00$0.00
Total monthly$4,071.17$4,216.48
Cash to close$48,186$55,900