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$778,891$778,891$832,500
Remaining term (yrs)29.329.330.0
Secondary amount$0$53,609$0
Funding fee$0$0$0
Note rate6.210%6.210%7.400%
Blended rate6.760%6.904%7.640%
1st payment$4,808.21$4,808.21$5,764.06
2nd payment$0.00$402.07$0.00
Taxes / mo$441.33$441.33$441.33
Insurance / mo$216.67$216.67$216.67
MI / mo$359.44$359.44$166.50
HOA / mo$90.00$90.00$90.00
Total monthly$5,915.64$6,317.71$6,678.56
Cash to close$146,109$92,500$92,500