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$592,463$575,910
Remaining term (yrs)29.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.750%7.320%
Blended rate6.300%7.560%
1st payment$3,494.74$3,956.10
2nd payment$0.00$0.00
Taxes / mo$208.25$208.25
Insurance / mo$166.67$166.67
MI / mo$274.47$115.18
HOA / mo$20.83$20.83
Total monthly$4,164.96$4,467.03
Cash to close$47,437$63,990