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$49,958$49,958$675,000
Remaining term (yrs)25.425.430.0
Secondary amount$0$625,042$0
Funding fee$0$0$0
Note rate6.720%6.720%7.320%
Blended rate7.270%7.714%7.560%
1st payment$341.62$341.62$4,636.78
2nd payment$0.00$4,036.73$0.00
Taxes / mo$847.09$847.09$847.09
Insurance / mo$216.67$216.67$216.67
MI / mo$23.38$23.38$135.00
HOA / mo$227.00$227.00$227.00
Total monthly$1,655.76$5,692.49$6,062.54
Cash to close$700,042$75,000$75,000