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$762,832$762,832$809,910
Remaining term (yrs)25.325.330.0
Secondary amount$0$47,078$0
Funding fee$0$0$0
Note rate2.900%2.900%7.400%
Blended rate3.750%4.055%7.640%
1st payment$3,537.95$3,537.95$5,607.65
2nd payment$0.00$353.08$0.00
Taxes / mo$149.25$149.25$149.25
Insurance / mo$216.67$216.67$216.67
MI / mo$602.08$602.08$161.98
HOA / mo$116.67$116.67$116.67
Total monthly$4,622.62$4,975.71$6,252.22
Cash to close$137,068$89,990$89,990