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$703,465$688,410
Remaining term (yrs)29.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.090%7.400%
Blended rate6.640%7.640%
1st payment$4,279.57$4,766.41
2nd payment$0.00$0.00
Taxes / mo$637.42$637.42
Insurance / mo$216.67$216.67
MI / mo$324.02$137.68
HOA / mo$0.00$0.00
Total monthly$5,457.68$5,758.18
Cash to close$61,435$76,490