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$472,684$449,910
Remaining term (yrs)29.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.750%7.320%
Blended rate6.300%7.560%
1st payment$2,779.06$3,090.57
2nd payment$0.00$0.00
Taxes / mo$171.83$171.83
Insurance / mo$166.67$166.67
MI / mo$218.27$89.98
HOA / mo$0.00$0.00
Total monthly$3,335.83$3,519.05
Cash to close$27,216$49,990