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$12,747$12,747$656,100
Remaining term (yrs)0.90.930.0
Secondary amount$0$643,353$0
Funding fee$0$0$0
Note rate7.430%7.430%7.400%
Blended rate8.280%7.760%7.640%
1st payment$1,023.54$1,023.54$4,542.70
2nd payment$0.00$4,154.99$0.00
Taxes / mo$607.50$607.50$607.50
Insurance / mo$216.67$216.67$216.67
MI / mo$104.40$104.40$131.22
HOA / mo$0.00$0.00$0.00
Total monthly$1,952.11$6,107.10$5,498.09
Cash to close$716,253$72,900$72,900