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$678,987$678,987$765,000
Remaining term (yrs)25.725.730.0
Secondary amount$0$86,013$0
Funding fee$0$0$0
Note rate5.300%5.300%7.240%
Blended rate6.150%6.470%7.480%
1st payment$4,025.78$4,025.78$5,213.46
2nd payment$0.00$645.10$0.00
Taxes / mo$708.33$708.33$708.33
Insurance / mo$216.67$216.67$216.67
MI / mo$513.52$513.52$153.00
HOA / mo$0.00$0.00$0.00
Total monthly$5,464.30$6,109.40$6,291.46
Cash to close$171,013$85,000$85,000