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
Assumable Loan + Second
Assumable · FHA
Current Market Conventional
New · Conventional
Loan amount$652,628$652,628$765,000
Remaining term (yrs)26.026.030.0
Secondary amount$0$112,372$0
Funding fee$0$0$0
Note rate4.820%4.820%7.400%
Blended rate5.670%6.012%7.640%
1st payment$3,661.27$3,661.27$5,296.71
2nd payment$0.00$749.14$0.00
Taxes / mo$761.75$761.75$761.75
Insurance / mo$216.67$216.67$216.67
MI / mo$493.16$493.16$153.00
HOA / mo$0.00$0.00$0.00
Total monthly$5,132.84$5,881.99$6,428.12
Cash to close$197,372$85,000$85,000