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$11,457$11,457$688,500
Remaining term (yrs)22.822.830.0
Secondary amount$0$677,043$0
Funding fee$0$0$0
Note rate5.700%5.700%7.400%
Blended rate6.550%7.730%7.640%
1st payment$74.72$74.72$4,767.03
2nd payment$0.00$4,372.57$0.00
Taxes / mo$534.25$534.25$534.25
Insurance / mo$216.67$216.67$216.67
MI / mo$8.74$8.74$137.70
HOA / mo$0.00$0.00$0.00
Total monthly$834.38$5,206.95$5,655.65
Cash to close$753,543$76,500$76,500