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$866,415$832,500
Remaining term (yrs)29.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.370%7.320%
Blended rate6.920%7.560%
1st payment$5,412.53$5,718.70
2nd payment$0.00$0.00
Taxes / mo$834.75$834.75
Insurance / mo$216.67$216.67
MI / mo$397.85$166.50
HOA / mo$0.00$0.00
Total monthly$6,861.80$6,936.61
Cash to close$58,585$92,500