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$736,868$736,868$990,000
Remaining term (yrs)28.128.130.0
Secondary amount$0$253,132$0
Funding fee$0$0$0
Note rate6.540%6.540%7.400%
Blended rate7.090%7.259%7.640%
1st payment$4,771.87$4,771.87$6,854.56
2nd payment$0.00$1,634.81$0.00
Taxes / mo$260.83$260.83$260.83
Insurance / mo$216.67$216.67$216.67
MI / mo$344.59$344.59$198.00
HOA / mo$57.00$57.00$57.00
Total monthly$5,650.96$7,285.77$7,587.06
Cash to close$363,132$110,000$110,000