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$452,623$448,200
Remaining term (yrs)28.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.460%7.320%
Blended rate7.010%7.560%
1st payment$2,904.71$3,078.82
2nd payment$0.00$0.00
Taxes / mo$415.00$415.00
Insurance / mo$166.67$166.67
MI / mo$211.51$89.64
HOA / mo$0.00$0.00
Total monthly$3,697.89$3,750.13
Cash to close$45,377$49,800