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$767,781$767,781$809,100
Remaining term (yrs)25.425.430.0
Secondary amount$0$41,319$0
Funding fee$0$0$0
Note rate3.210%3.210%7.400%
Blended rate4.060%4.312%7.640%
1st payment$3,677.73$3,677.73$5,602.04
2nd payment$0.00$309.89$0.00
Taxes / mo$749.17$749.17$749.17
Insurance / mo$216.67$216.67$216.67
MI / mo$601.61$601.61$161.82
HOA / mo$0.00$0.00$0.00
Total monthly$5,245.17$5,555.06$6,729.70
Cash to close$131,219$89,900$89,900