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$476,307$463,500
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.220%7.400%
Blended rate6.070%7.640%
1st payment$2,792.89$3,209.18
2nd payment$0.00$0.00
Taxes / mo$301.75$301.75
Insurance / mo$166.67$166.67
MI / mo$359.46$92.70
HOA / mo$0.00$0.00
Total monthly$3,620.77$3,770.30
Cash to close$38,693$51,500