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$731,887$731,887$1,799,100
Remaining term (yrs)24.624.630.0
Secondary amount$0$1,067,213$0
Funding fee$0$0$0
Note rate3.000%3.000%7.320%
Blended rate3.850%6.163%7.560%
1st payment$3,494.25$3,494.25$12,358.57
2nd payment$0.00$6,892.42$0.00
Taxes / mo$1,665.83$1,665.83$1,665.83
Insurance / mo$216.67$216.67$216.67
MI / mo$587.07$587.07$359.82
HOA / mo$0.00$0.00$0.00
Total monthly$5,963.82$12,856.24$14,600.89
Cash to close$1,267,113$199,900$199,900