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$636,712$636,712$665,910
Remaining term (yrs)28.428.430.0
Secondary amount$0$29,198$0
Funding fee$0$0$0
Note rate6.500%6.500%7.400%
Blended rate7.050%7.136%7.640%
1st payment$4,090.11$4,090.11$4,610.63
2nd payment$0.00$218.98$0.00
Taxes / mo$176.58$176.58$176.58
Insurance / mo$216.67$216.67$216.67
MI / mo$296.59$296.59$133.18
HOA / mo$181.67$181.67$181.67
Total monthly$4,961.62$5,180.60$5,318.73
Cash to close$103,188$73,990$73,990