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$1,091,585$935,100
Remaining term (yrs)24.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.990%7.320%
Blended rate3.840%7.560%
1st payment$5,194.10$6,423.49
2nd payment$0.00$0.00
Taxes / mo$865.83$865.83
Insurance / mo$216.67$216.67
MI / mo$873.77$187.02
HOA / mo$100.00$100.00
Total monthly$7,250.37$7,793.01
Cash to close$0$103,900