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$641,346$641,346$667,800
Remaining term (yrs)27.927.930.0
Secondary amount$0$26,454$0
Funding fee$0$0$0
Note rate6.950%6.950%7.400%
Blended rate7.500%7.559%7.640%
1st payment$4,337.55$4,337.55$4,623.71
2nd payment$0.00$198.40$0.00
Taxes / mo$618.33$618.33$618.33
Insurance / mo$216.67$216.67$216.67
MI / mo$300.33$300.33$133.56
HOA / mo$150.00$150.00$150.00
Total monthly$5,622.88$5,821.28$5,742.27
Cash to close$100,654$74,200$74,200