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$139,406$139,406$809,100
Remaining term (yrs)15.915.930.0
Secondary amount$0$669,694$0
Funding fee$0$0$0
Note rate3.590%3.590%7.400%
Blended rate4.440%7.180%7.640%
1st payment$955.51$955.51$5,602.04
2nd payment$0.00$4,325.11$0.00
Taxes / mo$749.17$749.17$749.17
Insurance / mo$216.67$216.67$216.67
MI / mo$149.05$149.05$161.82
HOA / mo$0.00$0.00$0.00
Total monthly$2,070.40$6,395.50$6,729.70
Cash to close$759,594$89,900$89,900