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$138,698$138,698$774,000
Remaining term (yrs)23.823.830.0
Secondary amount$0$635,302$0
Funding fee$0$0$0
Note rate3.360%3.360%7.400%
Blended rate4.210%7.116%7.640%
1st payment$703.82$703.82$5,359.02
2nd payment$0.00$4,102.99$0.00
Taxes / mo$716.67$716.67$716.67
Insurance / mo$216.67$216.67$216.67
MI / mo$112.98$112.98$154.80
HOA / mo$0.00$0.00$0.00
Total monthly$1,750.13$5,853.12$6,447.15
Cash to close$721,302$86,000$86,000