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$807,671$807,671$1,007,910
Remaining term (yrs)29.229.230.0
Secondary amount$0$200,239$0
Funding fee$0$0$0
Note rate6.220%6.220%7.400%
Blended rate6.770%6.965%7.640%
1st payment$4,996.07$4,996.07$6,978.57
2nd payment$0.00$1,293.21$0.00
Taxes / mo$272.92$272.92$272.92
Insurance / mo$216.67$216.67$216.67
MI / mo$373.08$373.08$201.58
HOA / mo$115.00$115.00$115.00
Total monthly$5,973.73$7,266.94$7,784.73
Cash to close$312,229$111,990$111,990