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$655,502$562,410
Remaining term (yrs)24.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.830%7.320%
Blended rate3.680%7.560%
1st payment$3,093.68$3,863.37
2nd payment$0.00$0.00
Taxes / mo$312.83$312.83
Insurance / mo$166.67$166.67
MI / mo$531.25$112.48
HOA / mo$55.00$55.00
Total monthly$4,159.43$4,510.35
Cash to close$0$62,490