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$718,250$718,250$742,410
Remaining term (yrs)27.427.430.0
Secondary amount$0$65,405$0
Funding fee$0$0$0
Note rate6.620%6.620%7.400%
Blended rate7.170%7.563%7.640%
1st payment$4,727.57$4,727.57$5,140.30
2nd payment$0.00$647.24$0.00
Taxes / mo$687.42$687.42$687.42
Insurance / mo$216.67$216.67$216.67
MI / mo$338.57$338.57$148.48
HOA / mo$0.00$0.00$0.00
Total monthly$5,970.22$6,617.46$6,192.86
Cash to close$106,650$41,245$82,490