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$584,726$567,000
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.350%7.320%
Blended rate6.900%7.560%
1st payment$3,726.89$3,894.90
2nd payment$0.00$0.00
Taxes / mo$590.50$590.50
Insurance / mo$166.67$166.67
MI / mo$274.52$113.40
HOA / mo$95.00$95.00
Total monthly$4,853.57$4,860.46
Cash to close$45,274$63,000