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$727,926$727,926$899,910
Remaining term (yrs)28.528.530.0
Secondary amount$0$171,984$0
Funding fee$0$0$0
Note rate6.670%6.670%7.320%
Blended rate7.220%7.369%7.560%
1st payment$4,752.01$4,752.01$6,181.76
2nd payment$0.00$1,146.56$0.00
Taxes / mo$294.92$294.92$294.92
Insurance / mo$216.67$216.67$216.67
MI / mo$338.57$338.57$179.98
HOA / mo$0.00$0.00$0.00
Total monthly$5,602.17$6,748.73$6,873.32
Cash to close$271,974$99,990$99,990