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$775,531$715,410
Remaining term (yrs)25.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.550%7.320%
Blended rate4.400%7.560%
1st payment$3,848.09$4,914.37
2nd payment$0.00$0.00
Taxes / mo$662.42$662.42
Insurance / mo$216.67$216.67
MI / mo$603.25$143.08
HOA / mo$0.00$0.00
Total monthly$5,330.42$5,936.54
Cash to close$19,369$79,490