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$18,324$18,324$1,125,000
Remaining term (yrs)25.225.230.0
Secondary amount$0$1,106,676$0
Funding fee$0$0$0
Note rate3.010%3.010%7.400%
Blended rate3.860%7.687%7.640%
1st payment$86.22$86.22$7,789.27
2nd payment$0.00$7,147.28$0.00
Taxes / mo$259.92$259.92$259.92
Insurance / mo$216.67$216.67$216.67
MI / mo$14.47$14.47$225.00
HOA / mo$0.00$0.00$0.00
Total monthly$577.27$7,724.56$8,490.86
Cash to close$1,231,676$125,000$125,000