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$9,671$9,671$765,000
Remaining term (yrs)21.921.930.0
Secondary amount$0$755,329$0
Funding fee$0$0$0
Note rate6.960%6.960%7.400%
Blended rate7.510%7.747%7.640%
1st payment$71.66$71.66$5,296.71
2nd payment$0.00$4,878.17$0.00
Taxes / mo$201.75$201.75$201.75
Insurance / mo$216.67$216.67$216.67
MI / mo$4.66$4.66$153.00
HOA / mo$0.00$0.00$0.00
Total monthly$494.74$5,372.90$5,868.12
Cash to close$840,329$85,000$85,000