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$740,283$740,283$764,100
Remaining term (yrs)29.129.130.0
Secondary amount$0$66,267$0
Funding fee$0$0$0
Note rate6.630%6.630%7.400%
Blended rate7.180%7.566%7.640%
1st payment$4,781.34$4,781.34$5,290.47
2nd payment$0.00$655.77$0.00
Taxes / mo$707.50$707.50$707.50
Insurance / mo$216.67$216.67$216.67
MI / mo$342.07$342.07$152.82
HOA / mo$0.00$0.00$0.00
Total monthly$6,047.58$6,703.34$6,367.46
Cash to close$108,717$42,450$84,900