Dan Frey Home Loans
Call Dan

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$812,171$787,500
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.420%7.400%
Blended rate6.970%7.640%
1st payment$5,207.51$5,452.49
2nd payment$0.00$0.00
Taxes / mo$481.25$481.25
Insurance / mo$216.67$216.67
MI / mo$380.78$157.50
HOA / mo$85.00$85.00
Total monthly$6,371.21$6,392.91
Cash to close$62,829$87,500