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$84,742$84,742$719,100
Remaining term (yrs)22.922.930.0
Secondary amount$0$634,358$0
Funding fee$0$0$0
Note rate6.740%6.740%7.400%
Blended rate7.290%7.696%7.640%
1st payment$604.89$604.89$4,978.90
2nd payment$0.00$4,096.90$0.00
Taxes / mo$665.83$665.83$665.83
Insurance / mo$216.67$216.67$216.67
MI / mo$39.52$39.52$143.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,526.91$5,623.80$6,005.22
Cash to close$714,258$79,900$79,900