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$743,196$743,196$764,100
Remaining term (yrs)27.827.830.0
Secondary amount$0$63,354$0
Funding fee$0$0$0
Note rate6.780%6.780%7.400%
Blended rate7.330%7.687%7.640%
1st payment$4,948.58$4,948.58$5,290.47
2nd payment$0.00$626.94$0.00
Taxes / mo$707.50$707.50$707.50
Insurance / mo$216.67$216.67$216.67
MI / mo$348.62$348.62$152.82
HOA / mo$0.00$0.00$0.00
Total monthly$6,221.36$6,848.30$6,367.46
Cash to close$105,804$42,450$84,900