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$836,715$836,715$1,348,999
Remaining term (yrs)25.825.830.0
Secondary amount$0$512,284$0
Funding fee$0$0$0
Note rate4.990%4.990%7.320%
Blended rate5.840%6.565%7.560%
1st payment$4,799.86$4,799.86$9,266.69
2nd payment$0.00$3,308.50$0.00
Taxes / mo$1,249.07$1,249.07$1,249.07
Insurance / mo$216.67$216.67$216.67
MI / mo$634.06$634.06$269.80
HOA / mo$0.00$0.00$0.00
Total monthly$6,899.66$10,208.16$11,002.23
Cash to close$662,173$149,889$149,889