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$665,280$575,523
Remaining term (yrs)25.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.100%7.400%
Blended rate2.950%7.640%
1st payment$2,809.80$3,984.80
2nd payment$0.00$0.00
Taxes / mo$174.25$174.25
Insurance / mo$166.67$166.67
MI / mo$531.25$115.10
HOA / mo$28.33$28.33
Total monthly$3,710.30$4,469.16
Cash to close$0$63,947