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$742,941$710,100
Remaining term (yrs)29.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.625%7.320%
Blended rate6.175%7.560%
1st payment$4,324.00$4,877.89
2nd payment$0.00$0.00
Taxes / mo$368.25$368.25
Insurance / mo$216.67$216.67
MI / mo$344.27$142.02
HOA / mo$0.00$0.00
Total monthly$5,253.19$5,604.83
Cash to close$46,059$78,900