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$798,955$798,955$881,910
Remaining term (yrs)26.426.430.0
Secondary amount$0$82,955$0
Funding fee$0$0$0
Note rate6.320%6.320%7.400%
Blended rate6.870%7.070%7.640%
1st payment$5,176.86$5,176.86$6,106.17
2nd payment$0.00$622.17$0.00
Taxes / mo$245.33$245.33$245.33
Insurance / mo$216.67$216.67$216.67
MI / mo$382.53$382.53$176.38
HOA / mo$36.67$36.67$36.67
Total monthly$6,058.05$6,680.22$6,781.22
Cash to close$180,945$97,990$97,990