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$694,677$694,677$781,200
Remaining term (yrs)25.725.730.0
Secondary amount$0$86,523$0
Funding fee$0$0$0
Note rate5.510%5.510%7.400%
Blended rate6.360%6.652%7.640%
1st payment$4,206.28$4,206.28$5,408.87
2nd payment$0.00$648.92$0.00
Taxes / mo$1,072.92$1,072.92$1,072.92
Insurance / mo$216.67$216.67$216.67
MI / mo$524.17$524.17$156.24
HOA / mo$404.67$404.67$404.67
Total monthly$6,424.70$7,073.62$7,259.36
Cash to close$173,323$86,800$86,800