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$451,214$436,410
Remaining term (yrs)28.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.200%7.400%
Blended rate6.750%7.640%
1st payment$2,826.46$3,021.61
2nd payment$0.00$0.00
Taxes / mo$253.75$253.75
Insurance / mo$166.67$166.67
MI / mo$211.51$87.28
HOA / mo$0.00$0.00
Total monthly$3,458.40$3,529.31
Cash to close$33,686$48,490