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$676,635$676,635$764,899
Remaining term (yrs)24.424.430.0
Secondary amount$0$88,265$0
Funding fee$0$0$0
Note rate2.770%2.770%7.400%
Blended rate3.620%4.241%7.640%
1st payment$3,165.13$3,165.13$5,296.01
2nd payment$0.00$661.98$0.00
Taxes / mo$708.24$708.24$708.24
Insurance / mo$216.67$216.67$216.67
MI / mo$547.75$547.75$152.98
HOA / mo$0.00$0.00$0.00
Total monthly$4,637.79$5,299.77$6,373.89
Cash to close$173,253$84,989$84,989