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$1,213$1,213$764,999
Remaining term (yrs)37.437.430.0
Secondary amount$0$763,786$0
Funding fee$0$0$0
Note rate6.950%6.950%7.400%
Blended rate7.500%7.750%7.640%
1st payment$7.59$7.59$5,296.70
2nd payment$0.00$4,932.78$0.00
Taxes / mo$708.33$708.33$708.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.56$0.56$153.00
HOA / mo$146.00$146.00$146.00
Total monthly$1,079.16$6,011.94$6,520.70
Cash to close$848,786$85,000$85,000