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$706,049$674,100
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.700%7.320%
Blended rate6.250%7.560%
1st payment$4,302.65$4,630.60
2nd payment$0.00$0.00
Taxes / mo$624.17$624.17
Insurance / mo$216.67$216.67
MI / mo$339.77$134.82
HOA / mo$0.00$0.00
Total monthly$5,483.26$5,606.25
Cash to close$42,951$74,900