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$819,021$819,021$863,100
Remaining term (yrs)25.725.730.0
Secondary amount$0$44,079$0
Funding fee$0$0$0
Note rate4.750%4.750%7.320%
Blended rate5.600%5.774%7.560%
1st payment$4,591.08$4,591.08$5,928.90
2nd payment$0.00$330.59$0.00
Taxes / mo$799.17$799.17$799.17
Insurance / mo$216.67$216.67$216.67
MI / mo$623.41$623.41$172.62
HOA / mo$600.00$600.00$600.00
Total monthly$6,830.33$7,160.92$7,717.35
Cash to close$139,979$95,900$95,900