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$820,574$820,574$989,100
Remaining term (yrs)26.726.730.0
Secondary amount$0$168,526$0
Funding fee$0$0$0
Note rate6.390%6.390%7.400%
Blended rate6.940%7.121%7.640%
1st payment$5,334.24$5,334.24$6,848.33
2nd payment$0.00$1,123.50$0.00
Taxes / mo$915.83$915.83$915.83
Insurance / mo$216.67$216.67$216.67
MI / mo$391.27$391.27$197.82
HOA / mo$0.00$0.00$0.00
Total monthly$6,858.01$7,981.52$8,178.65
Cash to close$278,426$109,900$109,900