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$685,759$685,759$697,478
Remaining term (yrs)27.927.930.0
Secondary amount$0$50,468$0
Funding fee$0$0$0
Note rate6.460%6.460%7.400%
Blended rate7.010%7.343%7.640%
1st payment$4,414.64$4,414.64$4,829.20
2nd payment$0.00$499.42$0.00
Taxes / mo$645.81$645.81$645.81
Insurance / mo$216.67$216.67$216.67
MI / mo$321.46$321.46$139.50
HOA / mo$0.00$0.00$0.00
Total monthly$5,598.58$6,098.00$5,831.18
Cash to close$89,217$38,749$77,498