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$625,695$603,000
Remaining term (yrs)29.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.230%7.320%
Blended rate6.780%7.560%
1st payment$3,874.44$4,142.19
2nd payment$0.00$0.00
Taxes / mo$558.33$558.33
Insurance / mo$166.67$166.67
MI / mo$289.02$120.60
HOA / mo$0.00$0.00
Total monthly$4,888.46$4,987.79
Cash to close$44,305$67,000