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$725,480$725,480$719,100
Remaining term (yrs)25.525.530.0
Secondary amount$0$33,570$0
Funding fee$0$0$0
Note rate4.420%4.420%7.320%
Blended rate5.270%5.562%7.560%
1st payment$3,942.81$3,942.81$4,939.72
2nd payment$0.00$332.21$0.00
Taxes / mo$665.83$665.83$665.83
Insurance / mo$216.67$216.67$216.67
MI / mo$556.40$556.40$143.82
HOA / mo$118.00$118.00$118.00
Total monthly$5,499.72$5,831.92$6,084.04
Cash to close$73,520$39,950$79,900