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$660,548$660,548$765,000
Remaining term (yrs)25.625.630.0
Secondary amount$0$104,452$0
Funding fee$0$0$0
Note rate5.250%5.250%7.320%
Blended rate6.100%6.359%7.560%
1st payment$3,902.73$3,902.73$5,255.02
2nd payment$0.00$696.35$0.00
Taxes / mo$226.33$226.33$226.33
Insurance / mo$216.67$216.67$216.67
MI / mo$500.62$500.62$153.00
HOA / mo$150.00$150.00$150.00
Total monthly$4,996.35$5,692.69$6,001.02
Cash to close$189,452$85,000$85,000