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$9,759$9,759$765,000
Remaining term (yrs)24.824.830.0
Secondary amount$0$755,241$0
Funding fee$0$0$0
Note rate6.670%6.670%7.320%
Blended rate7.220%7.743%7.560%
1st payment$67.02$67.02$5,255.02
2nd payment$0.00$4,877.60$0.00
Taxes / mo$708.33$708.33$708.33
Insurance / mo$216.67$216.67$216.67
MI / mo$4.67$4.67$153.00
HOA / mo$0.00$0.00$0.00
Total monthly$996.69$5,874.29$6,333.02
Cash to close$840,241$85,000$85,000