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$66,315$66,315$710,910
Remaining term (yrs)25.225.230.0
Secondary amount$0$644,595$0
Funding fee$0$0$0
Note rate3.090%3.090%7.400%
Blended rate3.940%7.395%7.640%
1st payment$314.81$314.81$4,922.20
2nd payment$0.00$4,163.01$0.00
Taxes / mo$658.25$658.25$658.25
Insurance / mo$216.67$216.67$216.67
MI / mo$52.29$52.29$142.18
HOA / mo$0.00$0.00$0.00
Total monthly$1,242.02$5,405.03$5,939.30
Cash to close$723,585$78,990$78,990