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$23,477$23,477$765,000
Remaining term (yrs)26.726.730.0
Secondary amount$0$741,523$0
Funding fee$0$0$0
Note rate6.670%6.670%7.400%
Blended rate7.220%7.734%7.640%
1st payment$156.81$156.81$5,296.71
2nd payment$0.00$4,789.00$0.00
Taxes / mo$708.33$708.33$708.33
Insurance / mo$216.67$216.67$216.67
MI / mo$10.92$10.92$153.00
HOA / mo$343.00$343.00$343.00
Total monthly$1,435.74$6,224.74$6,717.71
Cash to close$826,523$85,000$85,000