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$637,909$637,909$726,700
Remaining term (yrs)27.227.230.0
Secondary amount$0$88,791$0
Funding fee$0$0$0
Note rate7.440%7.440%7.320%
Blended rate7.990%8.113%7.560%
1st payment$4,554.85$4,554.85$4,991.92
2nd payment$0.00$665.93$0.00
Taxes / mo$672.87$672.87$672.87
Insurance / mo$216.67$216.67$216.67
MI / mo$300.33$300.33$145.34
HOA / mo$0.00$0.00$0.00
Total monthly$5,744.72$6,410.65$6,026.80
Cash to close$169,535$80,744$80,744