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$948,759$948,759$1,192,500
Remaining term (yrs)29.429.430.0
Secondary amount$0$243,741$0
Funding fee$0$0$0
Note rate5.120%5.120%7.400%
Blended rate5.670%6.095%7.640%
1st payment$5,193.73$5,193.73$8,256.63
2nd payment$0.00$1,574.16$0.00
Taxes / mo$499.67$499.67$499.67
Insurance / mo$216.67$216.67$216.67
MI / mo$437.44$437.44$238.50
HOA / mo$0.00$0.00$0.00
Total monthly$6,347.50$7,921.66$9,211.46
Cash to close$376,241$132,500$132,500