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$157,538$157,538$778,500
Remaining term (yrs)15.615.630.0
Secondary amount$0$620,962$0
Funding fee$0$0$0
Note rate4.080%4.080%7.320%
Blended rate4.930%7.179%7.560%
1st payment$1,131.21$1,131.21$5,347.75
2nd payment$0.00$4,010.38$0.00
Taxes / mo$720.83$720.83$720.83
Insurance / mo$216.67$216.67$216.67
MI / mo$166.23$166.23$155.70
HOA / mo$0.00$0.00$0.00
Total monthly$2,234.93$6,245.31$6,440.95
Cash to close$707,462$86,500$86,500