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$887,448$855,000
Remaining term (yrs)24.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.000%7.320%
Blended rate3.850%7.560%
1st payment$4,246.61$5,873.26
2nd payment$0.00$0.00
Taxes / mo$649.00$649.00
Insurance / mo$216.67$216.67
MI / mo$713.47$171.00
HOA / mo$312.00$312.00
Total monthly$6,137.74$7,221.92
Cash to close$62,552$95,000