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$717,446$717,446$850,491
Remaining term (yrs)25.425.430.0
Secondary amount$0$133,045$0
Funding fee$0$0$0
Note rate3.210%3.210%7.400%
Blended rate4.060%4.676%7.640%
1st payment$3,436.62$3,436.62$5,888.63
2nd payment$0.00$886.97$0.00
Taxes / mo$787.49$787.49$787.49
Insurance / mo$216.67$216.67$216.67
MI / mo$562.17$562.17$170.10
HOA / mo$0.00$0.00$0.00
Total monthly$5,002.94$5,889.91$7,062.88
Cash to close$227,544$94,499$94,499