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$475,001$472,491
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.350%7.320%
Blended rate6.900%7.560%
1st payment$3,024.28$3,245.69
2nd payment$0.00$0.00
Taxes / mo$188.50$188.50
Insurance / mo$166.67$166.67
MI / mo$222.77$94.50
HOA / mo$0.00$0.00
Total monthly$3,602.21$3,695.35
Cash to close$49,989$52,499