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$669,163$669,163$719,100
Remaining term (yrs)27.527.530.0
Secondary amount$0$49,937$0
Funding fee$0$0$0
Note rate6.820%6.820%7.320%
Blended rate7.370%7.483%7.560%
1st payment$4,486.65$4,486.65$4,939.72
2nd payment$0.00$374.52$0.00
Taxes / mo$665.83$665.83$665.83
Insurance / mo$216.67$216.67$216.67
MI / mo$314.79$314.79$143.82
HOA / mo$0.00$0.00$0.00
Total monthly$5,683.94$6,058.47$5,966.04
Cash to close$129,837$79,900$79,900