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$12,595$12,595$719,100
Remaining term (yrs)1.11.130.0
Secondary amount$0$706,505$0
Funding fee$0$0$0
Note rate7.290%7.290%7.400%
Blended rate8.140%7.757%7.640%
1st payment$881.04$881.04$4,978.90
2nd payment$0.00$4,562.85$0.00
Taxes / mo$665.83$665.83$665.83
Insurance / mo$216.67$216.67$216.67
MI / mo$91.12$91.12$143.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,854.66$6,417.50$6,005.22
Cash to close$786,405$79,900$79,900