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$829,827$829,827$989,955
Remaining term (yrs)26.526.530.0
Secondary amount$0$160,128$0
Funding fee$0$0$0
Note rate6.650%6.650%7.320%
Blended rate7.200%7.329%7.560%
1st payment$5,544.52$5,544.52$6,800.30
2nd payment$0.00$1,067.52$0.00
Taxes / mo$916.63$916.63$916.63
Insurance / mo$216.67$216.67$216.67
MI / mo$395.85$395.85$197.99
HOA / mo$0.00$0.00$0.00
Total monthly$7,073.66$8,141.18$8,131.59
Cash to close$270,123$109,995$109,995