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$678,987$678,987$787,500
Remaining term (yrs)25.725.730.0
Secondary amount$0$108,513$0
Funding fee$0$0$0
Note rate5.300%5.300%7.400%
Blended rate6.150%6.405%7.640%
1st payment$4,025.78$4,025.78$5,452.49
2nd payment$0.00$723.42$0.00
Taxes / mo$729.17$729.17$729.17
Insurance / mo$216.67$216.67$216.67
MI / mo$513.52$513.52$157.50
HOA / mo$0.00$0.00$0.00
Total monthly$5,485.13$6,208.56$6,555.82
Cash to close$196,013$87,500$87,500