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$723,000$467,100
Remaining term (yrs)28.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate0.000%7.400%
Blended rate0.550%7.640%
1st payment$2,008.33$3,234.11
2nd payment$0.00$0.00
Taxes / mo$223.83$223.83
Insurance / mo$166.67$166.67
MI / mo$331.38$93.42
HOA / mo$0.00$0.00
Total monthly$2,730.21$3,718.02
Cash to close$0$51,900