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$1,000,438$899,999
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.375%7.240%
Blended rate5.225%7.480%
1st payment$5,392.66$6,133.48
2nd payment$0.00$0.00
Taxes / mo$833.33$833.33
Insurance / mo$216.67$216.67
MI / mo$765.05$180.00
HOA / mo$0.00$0.00
Total monthly$7,207.71$7,363.48
Cash to close$0$100,000