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$798,597$798,597$801,000
Remaining term (yrs)28.128.130.0
Secondary amount$0$46,903$0
Funding fee$0$0$0
Note rate6.490%6.490%7.400%
Blended rate7.040%7.308%7.640%
1st payment$5,145.78$5,145.78$5,545.96
2nd payment$0.00$464.15$0.00
Taxes / mo$741.67$741.67$741.67
Insurance / mo$216.67$216.67$216.67
MI / mo$373.53$373.53$160.20
HOA / mo$0.00$0.00$0.00
Total monthly$6,477.64$6,941.79$6,664.50
Cash to close$91,403$44,500$89,000