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$748,447$748,447$809,100
Remaining term (yrs)29.429.430.0
Secondary amount$0$60,653$0
Funding fee$0$0$0
Note rate6.060%6.060%7.400%
Blended rate6.610%6.789%7.640%
1st payment$4,543.40$4,543.40$5,602.04
2nd payment$0.00$454.89$0.00
Taxes / mo$749.17$749.17$749.17
Insurance / mo$216.67$216.67$216.67
MI / mo$345.10$345.10$161.82
HOA / mo$0.00$0.00$0.00
Total monthly$5,854.34$6,309.23$6,729.70
Cash to close$150,553$89,900$89,900