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$643,365$643,365$701,910
Remaining term (yrs)25.825.830.0
Secondary amount$0$58,545$0
Funding fee$0$0$0
Note rate5.780%5.780%7.320%
Blended rate6.630%6.828%7.560%
1st payment$3,995.38$3,995.38$4,821.63
2nd payment$0.00$439.09$0.00
Taxes / mo$649.92$649.92$649.92
Insurance / mo$216.67$216.67$216.67
MI / mo$483.37$483.37$140.38
HOA / mo$0.00$0.00$0.00
Total monthly$5,345.34$5,784.43$5,828.60
Cash to close$136,535$77,990$77,990