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$723,922$723,922$809,100
Remaining term (yrs)28.828.830.0
Secondary amount$0$85,178$0
Funding fee$0$0$0
Note rate6.630%6.630%7.400%
Blended rate7.180%7.372%7.640%
1st payment$4,693.34$4,693.34$5,602.04
2nd payment$0.00$638.84$0.00
Taxes / mo$749.17$749.17$749.17
Insurance / mo$216.67$216.67$216.67
MI / mo$335.78$335.78$161.82
HOA / mo$0.00$0.00$0.00
Total monthly$5,994.95$6,633.79$6,729.70
Cash to close$175,078$89,900$89,900