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$774,622$774,622$764,100
Remaining term (yrs)25.625.630.0
Secondary amount$0$31,928$0
Funding fee$0$0$0
Note rate4.670%4.670%7.320%
Blended rate5.520%5.772%7.560%
1st payment$4,313.54$4,313.54$5,248.84
2nd payment$0.00$315.95$0.00
Taxes / mo$707.50$707.50$707.50
Insurance / mo$216.67$216.67$216.67
MI / mo$591.18$591.18$152.82
HOA / mo$110.00$110.00$110.00
Total monthly$5,938.88$6,254.83$6,435.82
Cash to close$74,378$42,450$84,900