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$731,791$697,500
Remaining term (yrs)25.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.770%7.400%
Blended rate4.620%7.640%
1st payment$3,718.65$4,829.35
2nd payment$0.00$0.00
Taxes / mo$311.50$311.50
Insurance / mo$216.67$216.67
MI / mo$567.38$139.50
HOA / mo$0.00$0.00
Total monthly$4,814.19$5,497.02
Cash to close$43,209$77,500