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$715,571$697,410
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.500%7.400%
Blended rate7.050%7.640%
1st payment$4,615.43$4,828.73
2nd payment$0.00$0.00
Taxes / mo$375.08$375.08
Insurance / mo$216.67$216.67
MI / mo$334.68$139.48
HOA / mo$78.00$78.00
Total monthly$5,619.86$5,637.96
Cash to close$59,329$77,490