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$852,129$852,129$854,910
Remaining term (yrs)28.528.530.0
Secondary amount$0$50,276$0
Funding fee$0$0$0
Note rate6.500%6.500%7.320%
Blended rate7.050%7.319%7.560%
1st payment$5,468.42$5,468.42$5,872.64
2nd payment$0.00$497.53$0.00
Taxes / mo$791.58$791.58$791.58
Insurance / mo$216.67$216.67$216.67
MI / mo$396.53$396.53$170.98
HOA / mo$0.00$0.00$0.00
Total monthly$6,873.21$7,370.74$7,051.87
Cash to close$97,771$47,495$94,990