Dan Frey Home Loans
Call Dan

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$699,065$684,000
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.350%7.400%
Blended rate6.900%7.640%
1st payment$4,450.86$4,735.88
2nd payment$0.00$0.00
Taxes / mo$633.33$633.33
Insurance / mo$216.67$216.67
MI / mo$327.85$136.80
HOA / mo$175.00$175.00
Total monthly$5,803.71$5,897.68
Cash to close$60,935$76,000