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$834,943$834,943$898,200
Remaining term (yrs)25.725.730.0
Secondary amount$0$63,257$0
Funding fee$0$0$0
Note rate5.100%5.100%7.400%
Blended rate5.950%6.165%7.640%
1st payment$4,851.35$4,851.35$6,218.96
2nd payment$0.00$474.43$0.00
Taxes / mo$831.67$831.67$831.67
Insurance / mo$216.67$216.67$216.67
MI / mo$632.91$632.91$179.64
HOA / mo$130.00$130.00$130.00
Total monthly$6,662.59$7,137.02$7,576.93
Cash to close$163,057$99,800$99,800