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$47,823$47,823$765,000
Remaining term (yrs)23.723.730.0
Secondary amount$0$717,177$0
Funding fee$0$0$0
Note rate3.210%3.210%7.240%
Blended rate4.060%7.519%7.480%
1st payment$239.47$239.47$5,213.46
2nd payment$0.00$4,631.77$0.00
Taxes / mo$466.08$466.08$466.08
Insurance / mo$216.67$216.67$216.67
MI / mo$39.17$39.17$153.00
HOA / mo$50.00$50.00$50.00
Total monthly$1,011.39$5,643.16$6,099.21
Cash to close$802,177$85,000$85,000