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$1,680,031$1,123,716
Remaining term (yrs)29.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate0.000%7.400%
Blended rate0.550%7.640%
1st payment$4,666.75$7,780.38
2nd payment$0.00$0.00
Taxes / mo$1,040.48$1,040.48
Insurance / mo$216.67$216.67
MI / mo$770.01$224.74
HOA / mo$112.67$112.67
Total monthly$6,806.58$9,374.94
Cash to close$0$124,857