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$1,940$1,940$719,100
Remaining term (yrs)0.00.030.0
Secondary amount$0$717,160$0
Funding fee$0$0$0
Note rate3.460%3.460%7.320%
Blended rate4.310%7.741%7.560%
1st payment$1,945.34$1,945.34$4,939.72
2nd payment$0.00$4,631.66$0.00
Taxes / mo$665.83$665.83$665.83
Insurance / mo$216.67$216.67$216.67
MI / mo$193.28$193.28$143.82
HOA / mo$0.00$0.00$0.00
Total monthly$3,021.12$7,652.78$5,966.04
Cash to close$797,060$79,900$79,900