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$792,976$792,976$799,200
Remaining term (yrs)27.327.330.0
Secondary amount$0$50,624$0
Funding fee$0$0$0
Note rate6.620%6.620%7.320%
Blended rate7.170%7.452%7.560%
1st payment$5,230.60$5,230.60$5,489.95
2nd payment$0.00$500.97$0.00
Taxes / mo$740.00$740.00$740.00
Insurance / mo$216.67$216.67$216.67
MI / mo$374.60$374.60$159.84
HOA / mo$65.00$65.00$65.00
Total monthly$6,626.86$7,127.83$6,671.46
Cash to close$95,024$44,400$88,800