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$550,418$539,991
Remaining term (yrs)29.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.400%7.400%
Blended rate5.950%7.640%
1st payment$3,119.04$3,738.79
2nd payment$0.00$0.00
Taxes / mo$12.50$12.50
Insurance / mo$166.67$166.67
MI / mo$254.58$108.00
HOA / mo$83.33$83.33
Total monthly$3,636.12$4,109.28
Cash to close$49,572$59,999