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$721,493$721,493$854,910
Remaining term (yrs)28.528.530.0
Secondary amount$0$133,417$0
Funding fee$0$0$0
Note rate6.630%6.630%7.320%
Blended rate7.180%7.308%7.560%
1st payment$4,691.16$4,691.16$5,872.64
2nd payment$0.00$889.45$0.00
Taxes / mo$267.25$267.25$267.25
Insurance / mo$216.67$216.67$216.67
MI / mo$335.62$335.62$170.98
HOA / mo$0.00$0.00$0.00
Total monthly$5,510.69$6,400.14$6,527.54
Cash to close$228,407$94,990$94,990