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$25,817$25,817$855,000
Remaining term (yrs)15.615.630.0
Secondary amount$0$829,183$0
Funding fee$0$0$0
Note rate3.130%3.130%7.320%
Blended rate3.980%7.636%7.560%
1st payment$173.19$173.19$5,873.26
2nd payment$0.00$5,355.14$0.00
Taxes / mo$407.00$407.00$407.00
Insurance / mo$216.67$216.67$216.67
MI / mo$22.64$22.64$171.00
HOA / mo$0.00$0.00$0.00
Total monthly$819.50$6,174.64$6,667.92
Cash to close$924,183$95,000$95,000