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$467,642$447,750
Remaining term (yrs)29.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.220%7.400%
Blended rate6.770%7.640%
1st payment$2,892.72$3,100.13
2nd payment$0.00$0.00
Taxes / mo$600.33$600.33
Insurance / mo$166.67$166.67
MI / mo$216.02$89.55
HOA / mo$150.00$150.00
Total monthly$4,025.74$4,106.68
Cash to close$29,858$49,750