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$614,859$614,859$764,100
Remaining term (yrs)25.425.430.0
Secondary amount$0$149,241$0
Funding fee$0$0$0
Note rate3.920%3.920%7.400%
Blended rate4.770%5.401%7.640%
1st payment$3,175.19$3,175.19$5,290.47
2nd payment$0.00$994.94$0.00
Taxes / mo$707.50$707.50$707.50
Insurance / mo$216.67$216.67$216.67
MI / mo$475.68$475.68$152.82
HOA / mo$0.00$0.00$0.00
Total monthly$4,575.04$5,569.97$6,367.46
Cash to close$234,141$84,900$84,900