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$718,488$718,488$742,489
Remaining term (yrs)28.228.230.0
Secondary amount$0$65,251$0
Funding fee$0$0$0
Note rate6.790%6.790%7.400%
Blended rate7.340%7.718%7.640%
1st payment$4,765.16$4,765.16$5,140.85
2nd payment$0.00$645.71$0.00
Taxes / mo$687.49$687.49$687.49
Insurance / mo$216.67$216.67$216.67
MI / mo$335.36$335.36$148.50
HOA / mo$352.00$352.00$352.00
Total monthly$6,356.67$7,002.38$6,545.50
Cash to close$106,500$41,249$82,499