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$633,335$616,500
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$4,032.37$4,268.52
2nd payment$0.00$0.00
Taxes / mo$347.33$347.33
Insurance / mo$166.67$166.67
MI / mo$297.02$123.30
HOA / mo$86.00$86.00
Total monthly$4,929.39$4,991.82
Cash to close$51,665$68,500