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$0$0$809,730
Remaining term (yrs)26.726.730.0
Secondary amount$0$809,730$0
Funding fee$0$0$0
Note rate6.500%6.500%7.400%
Blended rate7.050%7.750%7.640%
1st payment$0.00$0.00$5,606.41
2nd payment$0.00$5,229.51$0.00
Taxes / mo$749.75$749.75$749.75
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$161.95
HOA / mo$376.00$376.00$376.00
Total monthly$1,342.42$6,571.92$7,110.77
Cash to close$899,700$89,970$89,970