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$759,238$759,238$809,910
Remaining term (yrs)20.020.030.0
Secondary amount$0$50,672$0
Funding fee$0$0$0
Note rate4.960%4.960%7.400%
Blended rate5.810%6.010%7.640%
1st payment$4,969.73$4,969.73$5,607.65
2nd payment$0.00$380.04$0.00
Taxes / mo$590.17$590.17$590.17
Insurance / mo$216.67$216.67$216.67
MI / mo$658.75$658.75$161.98
HOA / mo$19.58$19.58$19.58
Total monthly$6,454.89$6,834.93$6,596.05
Cash to close$140,662$89,990$89,990