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$683,691$683,691$715,500
Remaining term (yrs)29.029.030.0
Secondary amount$0$31,809$0
Funding fee$0$0$0
Note rate6.260%6.260%7.320%
Blended rate6.810%6.907%7.560%
1st payment$4,255.31$4,255.31$4,914.99
2nd payment$0.00$238.56$0.00
Taxes / mo$662.50$662.50$662.50
Insurance / mo$216.67$216.67$216.67
MI / mo$316.43$316.43$143.10
HOA / mo$180.00$180.00$180.00
Total monthly$5,630.90$5,869.47$6,117.26
Cash to close$111,309$79,500$79,500