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$763,434$763,434$873,000
Remaining term (yrs)29.029.030.0
Secondary amount$0$109,566$0
Funding fee$0$0$0
Note rate6.350%6.350%7.320%
Blended rate6.900%7.038%7.560%
1st payment$4,796.07$4,796.07$5,996.90
2nd payment$0.00$730.44$0.00
Taxes / mo$329.50$329.50$329.50
Insurance / mo$216.67$216.67$216.67
MI / mo$353.27$353.27$174.60
HOA / mo$240.67$240.67$240.67
Total monthly$5,936.19$6,666.62$6,958.34
Cash to close$206,566$97,000$97,000