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$674,838$674,838$787,500
Remaining term (yrs)28.928.930.0
Secondary amount$0$112,662$0
Funding fee$0$0$0
Note rate6.560%6.560%7.320%
Blended rate7.110%7.237%7.560%
1st payment$4,335.90$4,335.90$5,409.58
2nd payment$0.00$751.08$0.00
Taxes / mo$729.17$729.17$729.17
Insurance / mo$216.67$216.67$216.67
MI / mo$312.46$312.46$157.50
HOA / mo$436.00$436.00$436.00
Total monthly$6,030.19$6,781.27$6,948.91
Cash to close$200,162$87,500$87,500