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$657,204$657,204$674,910
Remaining term (yrs)29.329.330.0
Secondary amount$0$55,201$0
Funding fee$0$0$0
Note rate6.180%6.180%7.400%
Blended rate6.730%7.129%7.640%
1st payment$4,044.29$4,044.29$4,672.94
2nd payment$0.00$546.26$0.00
Taxes / mo$624.92$624.92$624.92
Insurance / mo$216.67$216.67$216.67
MI / mo$303.29$303.29$134.98
HOA / mo$192.00$192.00$192.00
Total monthly$5,381.17$5,927.43$5,841.51
Cash to close$92,696$37,495$74,990