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$763,018$763,018$809,100
Remaining term (yrs)26.326.330.0
Secondary amount$0$46,082$0
Funding fee$0$0$0
Note rate5.840%5.840%7.320%
Blended rate6.690%6.822%7.560%
1st payment$4,727.96$4,727.96$5,557.96
2nd payment$0.00$345.61$0.00
Taxes / mo$749.17$749.17$749.17
Insurance / mo$216.67$216.67$216.67
MI / mo$568.29$568.29$161.82
HOA / mo$0.00$0.00$0.00
Total monthly$6,262.09$6,607.71$6,685.61
Cash to close$135,982$89,900$89,900