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$0$0$692,100
Remaining term (yrs)22.922.930.0
Secondary amount$0$692,100$0
Funding fee$0$0$0
Note rate3.000%3.000%7.320%
Blended rate3.850%7.750%7.560%
1st payment$0.00$0.00$4,754.25
2nd payment$0.00$4,469.81$0.00
Taxes / mo$640.83$640.83$640.83
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$138.42
HOA / mo$630.00$630.00$630.00
Total monthly$1,487.50$5,957.31$6,380.17
Cash to close$769,000$76,900$76,900