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$331,828$331,828$800,100
Remaining term (yrs)27.127.130.0
Secondary amount$0$468,272$0
Funding fee$0$0$0
Note rate7.620%7.620%7.400%
Blended rate8.170%7.924%7.640%
1st payment$2,411.43$2,411.43$5,539.73
2nd payment$0.00$3,024.26$0.00
Taxes / mo$740.83$740.83$740.83
Insurance / mo$216.67$216.67$216.67
MI / mo$156.23$156.23$160.02
HOA / mo$74.00$74.00$74.00
Total monthly$3,599.16$6,623.42$6,731.25
Cash to close$557,172$88,900$88,900