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$764,100
Remaining term (yrs)——30.0
Secondary amount$0$764,100$0
Funding fee$0$0$0
Note rate4.600%4.600%7.400%
Blended rate5.450%7.750%7.640%
1st payment$0.00$0.00$5,290.47
2nd payment$0.00$4,934.81$0.00
Taxes / mo$707.50$707.50$707.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$152.82
HOA / mo$206.00$206.00$206.00
Total monthly$1,130.17$6,064.98$6,573.46
Cash to close$849,000$84,900$84,900