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$54,144$54,144$719,910
Remaining term (yrs)4.64.630.0
Secondary amount$0$665,766$0
Funding fee$0$0$0
Note rate7.100%7.100%7.400%
Blended rate7.950%7.765%7.640%
1st payment$1,121.83$1,121.83$4,984.51
2nd payment$0.00$4,299.74$0.00
Taxes / mo$666.58$666.58$666.58
Insurance / mo$216.67$216.67$216.67
MI / mo$118.24$118.24$143.98
HOA / mo$0.00$0.00$0.00
Total monthly$2,123.32$6,423.06$6,011.74
Cash to close$745,756$79,990$79,990