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$662,978$662,978$719,100
Remaining term (yrs)28.628.630.0
Secondary amount$0$56,122$0
Funding fee$0$0$0
Note rate6.670%6.670%7.320%
Blended rate7.220%7.359%7.560%
1st payment$4,323.85$4,323.85$4,939.72
2nd payment$0.00$420.91$0.00
Taxes / mo$665.83$665.83$665.83
Insurance / mo$216.67$216.67$216.67
MI / mo$308.07$308.07$143.82
HOA / mo$40.00$40.00$40.00
Total monthly$5,554.42$5,975.33$6,006.04
Cash to close$136,022$79,900$79,900