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$622,985$622,985$625,410
Remaining term (yrs)27.527.530.0
Secondary amount$0$37,170$0
Funding fee$0$0$0
Note rate6.620%6.620%7.400%
Blended rate7.170%7.435%7.640%
1st payment$4,096.19$4,096.19$4,330.21
2nd payment$0.00$367.83$0.00
Taxes / mo$579.08$579.08$579.08
Insurance / mo$166.67$166.67$166.67
MI / mo$293.36$293.36$125.08
HOA / mo$251.00$251.00$251.00
Total monthly$5,386.29$5,754.12$5,452.04
Cash to close$71,915$34,745$69,490