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$681,173$681,173$747,000
Remaining term (yrs)25.225.230.0
Secondary amount$0$65,827$0
Funding fee$0$0$0
Note rate2.880%2.880%7.400%
Blended rate3.730%4.194%7.640%
1st payment$3,159.21$3,159.21$5,172.08
2nd payment$0.00$493.70$0.00
Taxes / mo$691.67$691.67$691.67
Insurance / mo$216.67$216.67$216.67
MI / mo$539.01$539.01$149.40
HOA / mo$444.00$444.00$444.00
Total monthly$5,050.56$5,544.26$6,673.81
Cash to close$148,827$83,000$83,000