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$727,414$727,414$791,100
Remaining term (yrs)28.428.430.0
Secondary amount$0$63,686$0
Funding fee$0$0$0
Note rate6.760%6.760%7.400%
Blended rate7.310%7.446%7.640%
1st payment$4,796.14$4,796.14$5,477.42
2nd payment$0.00$477.65$0.00
Taxes / mo$502.92$502.92$502.92
Insurance / mo$216.67$216.67$216.67
MI / mo$338.57$338.57$158.22
HOA / mo$0.00$0.00$0.00
Total monthly$5,854.29$6,331.94$6,355.22
Cash to close$151,586$87,900$87,900