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$807,286
Remaining term (yrs)29.529.530.0
Secondary amount$0$807,286$0
Funding fee$0$0$0
Note rate5.891%5.891%7.400%
Blended rate6.441%7.750%7.640%
1st payment$0.00$0.00$5,589.48
2nd payment$0.00$5,213.72$0.00
Taxes / mo$126.50$126.50$126.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$161.46
HOA / mo$45.00$45.00$45.00
Total monthly$388.17$5,601.89$6,139.11
Cash to close$896,984$89,698$89,698