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$634,786$634,786$647,899
Remaining term (yrs)29.029.030.0
Secondary amount$0$49,107$0
Funding fee$0$0$0
Note rate6.240%6.240%7.400%
Blended rate6.790%7.155%7.640%
1st payment$3,942.73$3,942.73$4,485.92
2nd payment$0.00$485.96$0.00
Taxes / mo$599.91$599.91$599.91
Insurance / mo$216.67$216.67$216.67
MI / mo$293.80$293.80$129.58
HOA / mo$0.00$0.00$0.00
Total monthly$5,053.11$5,539.07$5,432.08
Cash to close$85,102$35,994$71,989