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$450,700$447,300
Remaining term (yrs)25.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.560%7.400%
Blended rate4.410%7.640%
1st payment$2,243.24$3,097.01
2nd payment$0.00$0.00
Taxes / mo$186.00$186.00
Insurance / mo$166.67$166.67
MI / mo$351.23$89.46
HOA / mo$41.67$41.67
Total monthly$2,988.81$3,580.81
Cash to close$46,300$49,700