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$812,947$812,947$882,000
Remaining term (yrs)29.129.130.0
Secondary amount$0$69,053$0
Funding fee$0$0$0
Note rate6.340%6.340%7.400%
Blended rate6.890%7.055%7.640%
1st payment$5,096.83$5,096.83$6,106.79
2nd payment$0.00$517.90$0.00
Taxes / mo$816.67$816.67$816.67
Insurance / mo$216.67$216.67$216.67
MI / mo$375.82$375.82$176.40
HOA / mo$0.00$0.00$0.00
Total monthly$6,505.98$7,023.88$7,316.52
Cash to close$167,053$98,000$98,000