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$787,258$702,000
Remaining term (yrs)25.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.750%7.320%
Blended rate4.600%7.560%
1st payment$3,984.16$4,822.25
2nd payment$0.00$0.00
Taxes / mo$650.00$650.00
Insurance / mo$216.67$216.67
MI / mo$609.38$140.40
HOA / mo$0.00$0.00
Total monthly$5,460.21$5,829.32
Cash to close$0$78,000