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$135,193$135,193$809,100
Remaining term (yrs)25.425.430.0
Secondary amount$0$673,907$0
Funding fee$0$0$0
Note rate3.760%3.760%7.400%
Blended rate4.610%7.225%7.640%
1st payment$686.25$686.25$5,602.04
2nd payment$0.00$4,352.32$0.00
Taxes / mo$749.17$749.17$749.17
Insurance / mo$216.67$216.67$216.67
MI / mo$104.83$104.83$161.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,756.92$6,109.24$6,729.70
Cash to close$763,807$89,900$89,900