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$685,347$665,100
Remaining term (yrs)29.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.230%7.320%
Blended rate6.780%7.560%
1st payment$4,223.02$4,568.78
2nd payment$0.00$0.00
Taxes / mo$615.83$615.83
Insurance / mo$216.67$216.67
MI / mo$315.02$133.02
HOA / mo$99.00$99.00
Total monthly$5,469.54$5,633.30
Cash to close$53,653$73,900