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$48,205$48,205$1,484,100
Remaining term (yrs)26.526.530.0
Secondary amount$0$1,435,895$0
Funding fee$0$0$0
Note rate6.930%6.930%7.320%
Blended rate7.480%7.741%7.560%
1st payment$330.78$330.78$10,194.74
2nd payment$0.00$9,273.49$0.00
Taxes / mo$1,374.17$1,374.17$1,374.17
Insurance / mo$216.67$216.67$216.67
MI / mo$22.46$22.46$296.82
HOA / mo$32.00$32.00$32.00
Total monthly$1,976.07$11,249.56$12,114.39
Cash to close$1,600,795$164,900$164,900