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$456,321$440,100
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.090%7.400%
Blended rate5.940%7.640%
1st payment$2,648.71$3,047.16
2nd payment$0.00$0.00
Taxes / mo$250.67$250.67
Insurance / mo$166.67$166.67
MI / mo$345.94$88.02
HOA / mo$14.58$14.58
Total monthly$3,426.57$3,567.10
Cash to close$32,679$48,900