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$468,041$459,000
Remaining term (yrs)29.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.110%7.400%
Blended rate6.660%7.640%
1st payment$2,859.13$3,178.02
2nd payment$0.00$0.00
Taxes / mo$190.33$190.33
Insurance / mo$166.67$166.67
MI / mo$216.02$91.80
HOA / mo$268.00$268.00
Total monthly$3,700.15$3,894.82
Cash to close$41,959$51,000