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$46,223$46,223$805,500
Remaining term (yrs)24.524.530.0
Secondary amount$0$759,277$0
Funding fee$0$0$0
Note rate6.760%6.760%7.400%
Blended rate7.310%7.725%7.640%
1st payment$321.32$321.32$5,577.12
2nd payment$0.00$4,903.66$0.00
Taxes / mo$745.83$745.83$745.83
Insurance / mo$216.67$216.67$216.67
MI / mo$21.61$21.61$161.10
HOA / mo$0.00$0.00$0.00
Total monthly$1,305.43$6,209.09$6,700.72
Cash to close$848,777$89,500$89,500