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$836,858$836,858$989,100
Remaining term (yrs)29.729.730.0
Secondary amount$0$152,242$0
Funding fee$0$0$0
Note rate6.360%6.360%7.400%
Blended rate6.910%7.078%7.640%
1st payment$5,222.43$5,222.43$6,848.33
2nd payment$0.00$1,014.94$0.00
Taxes / mo$915.83$915.83$915.83
Insurance / mo$216.67$216.67$216.67
MI / mo$384.28$384.28$197.82
HOA / mo$0.00$0.00$0.00
Total monthly$6,739.20$7,754.15$8,178.65
Cash to close$262,142$109,900$109,900