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$705,616$692,100
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.300%7.320%
Blended rate6.150%7.560%
1st payment$4,171.13$4,754.25
2nd payment$0.00$0.00
Taxes / mo$640.83$640.83
Insurance / mo$216.67$216.67
MI / mo$532.06$138.42
HOA / mo$273.00$273.00
Total monthly$5,833.69$6,023.17
Cash to close$63,384$76,900