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$753,304$753,304$751,500
Remaining term (yrs)28.928.930.0
Secondary amount$0$39,946$0
Funding fee$0$0$0
Note rate6.580%6.580%7.400%
Blended rate7.130%7.369%7.640%
1st payment$4,849.90$4,849.90$5,203.23
2nd payment$0.00$395.30$0.00
Taxes / mo$286.08$286.08$286.08
Insurance / mo$216.67$216.67$216.67
MI / mo$348.77$348.77$150.30
HOA / mo$0.00$0.00$0.00
Total monthly$5,701.43$6,096.73$5,856.28
Cash to close$81,696$41,750$83,500