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$844,845$844,845$825,300
Remaining term (yrs)27.927.930.0
Secondary amount$0$26,305$0
Funding fee$0$0$0
Note rate6.490%6.490%7.400%
Blended rate7.040%7.186%7.640%
1st payment$5,460.84$5,460.84$5,714.21
2nd payment$0.00$260.31$0.00
Taxes / mo$182.58$182.58$182.58
Insurance / mo$216.67$216.67$216.67
MI / mo$396.40$396.40$165.06
HOA / mo$0.00$0.00$0.00
Total monthly$6,256.48$6,516.79$6,278.52
Cash to close$72,155$45,850$91,700