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$761,817$761,817$899,999
Remaining term (yrs)25.825.830.0
Secondary amount$0$138,182$0
Funding fee$0$0$0
Note rate4.990%4.990%7.400%
Blended rate5.840%6.172%7.640%
1st payment$4,370.21$4,370.21$6,231.41
2nd payment$0.00$921.21$0.00
Taxes / mo$833.33$833.33$833.33
Insurance / mo$216.67$216.67$216.67
MI / mo$577.30$577.30$180.00
HOA / mo$0.00$0.00$0.00
Total monthly$5,997.51$6,918.72$7,461.41
Cash to close$238,182$100,000$100,000