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$694,203$694,203$863,100
Remaining term (yrs)24.924.930.0
Secondary amount$0$168,897$0
Funding fee$0$0$0
Note rate3.050%3.050%7.400%
Blended rate3.900%4.702%7.640%
1st payment$3,302.74$3,302.74$5,975.93
2nd payment$0.00$1,125.98$0.00
Taxes / mo$799.17$799.17$799.17
Insurance / mo$216.67$216.67$216.67
MI / mo$551.36$551.36$172.62
HOA / mo$455.00$455.00$455.00
Total monthly$5,324.93$6,450.91$7,619.38
Cash to close$264,797$95,900$95,900