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$455,874$449,100
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.320%7.320%
Blended rate6.870%7.560%
1st payment$2,953.85$3,085.01
2nd payment$0.00$0.00
Taxes / mo$208.92$208.92
Insurance / mo$166.67$166.67
MI / mo$218.27$89.82
HOA / mo$0.00$0.00
Total monthly$3,547.70$3,550.41
Cash to close$43,126$49,900