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$483,068$472,499
Remaining term (yrs)28.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.560%7.320%
Blended rate7.110%7.560%
1st payment$3,103.76$3,245.74
2nd payment$0.00$0.00
Taxes / mo$196.75$196.75
Insurance / mo$166.67$166.67
MI / mo$223.67$94.50
HOA / mo$0.00$0.00
Total monthly$3,690.84$3,703.66
Cash to close$41,931$52,500