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$991,415$755,910
Remaining term (yrs)24.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.760%7.400%
Blended rate3.610%7.640%
1st payment$4,568.02$5,233.77
2nd payment$0.00$0.00
Taxes / mo$699.92$699.92
Insurance / mo$216.67$216.67
MI / mo$791.56$151.18
HOA / mo$245.00$245.00
Total monthly$6,521.16$6,546.53
Cash to close$0$83,990