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$618,540$603,000
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.200%7.320%
Blended rate6.750%7.560%
1st payment$3,878.87$4,142.19
2nd payment$0.00$0.00
Taxes / mo$327.92$327.92
Insurance / mo$166.67$166.67
MI / mo$290.27$120.60
HOA / mo$116.67$116.67
Total monthly$4,780.39$4,874.04
Cash to close$51,460$67,000