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$116,226$116,226$765,000
Remaining term (yrs)19.919.930.0
Secondary amount$0$648,774$0
Funding fee$0$0$0
Note rate3.440%3.440%7.320%
Blended rate4.290%7.224%7.560%
1st payment$668.55$668.55$5,255.02
2nd payment$0.00$4,190.00$0.00
Taxes / mo$190.83$190.83$190.83
Insurance / mo$216.67$216.67$216.67
MI / mo$106.25$106.25$153.00
HOA / mo$0.00$0.00$0.00
Total monthly$1,182.30$5,372.30$5,815.52
Cash to close$733,774$85,000$85,000