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$0$0$632,691
Remaining term (yrs)——30.0
Secondary amount$0$632,691$0
Funding fee$0$0$0
Note rate5.891%5.891%7.320%
Blended rate6.741%7.750%7.560%
1st payment$0.00$0.00$4,346.15
2nd payment$0.00$4,086.13$0.00
Taxes / mo$6.75$6.75$6.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$126.54
HOA / mo$49.00$49.00$49.00
Total monthly$272.42$4,358.55$4,745.10
Cash to close$702,990$70,299$70,299