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$770,610$770,610$765,000
Remaining term (yrs)29.429.430.0
Secondary amount$0$36,890$0
Funding fee$0$0$0
Note rate6.160%6.160%7.400%
Blended rate6.710%6.946%7.640%
1st payment$4,727.50$4,727.50$5,296.71
2nd payment$0.00$365.06$0.00
Taxes / mo$708.33$708.33$708.33
Insurance / mo$216.67$216.67$216.67
MI / mo$355.28$355.28$153.00
HOA / mo$0.00$0.00$0.00
Total monthly$6,007.78$6,372.84$6,374.71
Cash to close$79,390$42,500$85,000