Dan Frey Home Loans
Call Dan

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$0$0$724,500
Remaining term (yrs)——30.0
Secondary amount$0$724,500$0
Funding fee$0$0$0
Note rate0.000%0.000%7.320%
Blended rate0.850%7.750%7.560%
1st payment$0.00$0.00$4,976.81
2nd payment$0.00$4,679.06$0.00
Taxes / mo$332.33$332.33$332.33
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$144.90
HOA / mo$885.00$885.00$885.00
Total monthly$1,434.00$6,113.06$6,555.71
Cash to close$805,000$80,500$80,500