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$607,805$594,000
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.340%7.400%
Blended rate6.890%7.640%
1st payment$3,936.53$4,112.74
2nd payment$0.00$0.00
Taxes / mo$678.67$678.67
Insurance / mo$166.67$166.67
MI / mo$290.27$118.80
HOA / mo$0.00$0.00
Total monthly$5,072.12$5,076.87
Cash to close$52,195$66,000