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$9,961$9,961$697,500
Remaining term (yrs)25.325.330.0
Secondary amount$0$687,539$0
Funding fee$0$0$0
Note rate6.850%6.850%7.400%
Blended rate7.400%7.745%7.640%
1st payment$69.02$69.02$4,829.35
2nd payment$0.00$4,440.36$0.00
Taxes / mo$381.00$381.00$381.00
Insurance / mo$216.67$216.67$216.67
MI / mo$4.67$4.67$139.50
HOA / mo$138.00$138.00$138.00
Total monthly$809.35$5,249.71$5,704.52
Cash to close$765,039$77,500$77,500