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$807,789$807,789$855,000
Remaining term (yrs)28.428.430.0
Secondary amount$0$47,211$0
Funding fee$0$0$0
Note rate6.960%6.960%7.400%
Blended rate7.510%7.592%7.640%
1st payment$5,437.53$5,437.53$5,919.85
2nd payment$0.00$354.08$0.00
Taxes / mo$796.17$796.17$796.17
Insurance / mo$216.67$216.67$216.67
MI / mo$376.11$376.11$171.00
HOA / mo$155.00$155.00$155.00
Total monthly$6,981.48$7,335.56$7,258.68
Cash to close$142,211$95,000$95,000