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$23,705$23,705$697,500
Remaining term (yrs)24.624.630.0
Secondary amount$0$673,795$0
Funding fee$0$0$0
Note rate6.520%6.520%7.320%
Blended rate7.070%7.727%7.560%
1st payment$161.00$161.00$4,791.34
2nd payment$0.00$4,351.59$0.00
Taxes / mo$645.83$645.83$645.83
Insurance / mo$216.67$216.67$216.67
MI / mo$10.91$10.91$139.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,034.41$5,386.00$5,793.34
Cash to close$751,295$77,500$77,500