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$912,510$912,510$899,100
Remaining term (yrs)28.128.130.0
Secondary amount$0$36,540$0
Funding fee$0$0$0
Note rate6.320%6.320%7.400%
Blended rate6.870%7.063%7.640%
1st payment$5,779.90$5,779.90$6,225.19
2nd payment$0.00$361.59$0.00
Taxes / mo$602.58$602.58$602.58
Insurance / mo$216.67$216.67$216.67
MI / mo$427.09$427.09$179.82
HOA / mo$0.00$0.00$0.00
Total monthly$7,026.24$7,387.83$7,224.26
Cash to close$86,490$49,950$99,900