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$937,828$937,828$1,574,100
Remaining term (yrs)28.028.030.0
Secondary amount$0$636,272$0
Funding fee$0$0$0
Note rate6.120%6.120%7.320%
Blended rate6.670%7.107%7.560%
1st payment$5,826.93$5,826.93$10,812.97
2nd payment$0.00$4,109.26$0.00
Taxes / mo$777.08$777.08$777.08
Insurance / mo$216.67$216.67$216.67
MI / mo$439.77$439.77$314.82
HOA / mo$0.00$0.00$0.00
Total monthly$7,260.45$11,369.71$12,121.54
Cash to close$811,172$174,900$174,900