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$715,727$495,000
Remaining term (yrs)77.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.420%7.400%
Blended rate5.270%7.640%
1st payment$2,725.15$3,427.28
2nd payment$0.00$0.00
Taxes / mo$177.92$177.92
Insurance / mo$166.67$166.67
MI / mo$510.00$99.00
HOA / mo$0.00$0.00
Total monthly$3,579.74$3,870.86
Cash to close$0$55,000