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$635,350$635,350$716,310
Remaining term (yrs)29.129.130.0
Secondary amount$0$80,960$0
Funding fee$0$0$0
Note rate6.220%6.220%7.240%
Blended rate6.770%7.022%7.480%
1st payment$3,934.07$3,934.07$4,881.64
2nd payment$0.00$607.20$0.00
Taxes / mo$663.25$663.25$663.25
Insurance / mo$216.67$216.67$216.67
MI / mo$293.78$293.78$143.26
HOA / mo$195.00$195.00$195.00
Total monthly$5,302.77$5,909.97$6,099.82
Cash to close$160,550$79,590$79,590