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$90,259$90,259$855,000
Remaining term (yrs)25.425.430.0
Secondary amount$0$764,741$0
Funding fee$0$0$0
Note rate2.980%2.980%7.400%
Blended rate3.830%7.336%7.640%
1st payment$420.53$420.53$5,919.85
2nd payment$0.00$4,938.95$0.00
Taxes / mo$791.67$791.67$791.67
Insurance / mo$216.67$216.67$216.67
MI / mo$70.83$70.83$171.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,499.69$6,438.65$7,099.18
Cash to close$859,741$95,000$95,000