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$980,018$832,500
Remaining term (yrs)24.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.990%7.400%
Blended rate3.840%7.640%
1st payment$4,673.82$5,764.06
2nd payment$0.00$0.00
Taxes / mo$471.75$471.75
Insurance / mo$216.67$216.67
MI / mo$786.25$166.50
HOA / mo$154.75$154.75
Total monthly$6,303.24$6,773.73
Cash to close$0$92,500