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$772,379$772,379$854,100
Remaining term (yrs)25.725.730.0
Secondary amount$0$81,721$0
Funding fee$0$0$0
Note rate5.300%5.300%7.400%
Blended rate6.150%6.423%7.640%
1st payment$4,579.51$4,579.51$5,913.62
2nd payment$0.00$612.91$0.00
Taxes / mo$790.83$790.83$790.83
Insurance / mo$216.67$216.67$216.67
MI / mo$584.15$584.15$170.82
HOA / mo$0.00$0.00$0.00
Total monthly$6,171.17$6,784.07$7,091.94
Cash to close$176,621$94,900$94,900