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$707,551$707,551$782,100
Remaining term (yrs)26.526.530.0
Secondary amount$0$74,549$0
Funding fee$0$0$0
Note rate6.650%6.650%7.400%
Blended rate7.200%7.372%7.640%
1st payment$4,727.53$4,727.53$5,415.10
2nd payment$0.00$559.12$0.00
Taxes / mo$724.17$724.17$724.17
Insurance / mo$216.67$216.67$216.67
MI / mo$337.52$337.52$156.42
HOA / mo$0.00$0.00$0.00
Total monthly$6,005.88$6,565.00$6,512.36
Cash to close$161,449$86,900$86,900