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$449,991
Remaining term (yrs)——30.0
Secondary amount$0$449,991$0
Funding fee$0$0$0
Note rate5.250%5.250%7.400%
Blended rate6.100%7.750%7.640%
1st payment$0.00$0.00$3,115.65
2nd payment$0.00$2,906.19$0.00
Taxes / mo$7.50$7.50$7.50
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$90.00
HOA / mo$57.00$57.00$57.00
Total monthly$231.17$3,137.36$3,436.81
Cash to close$499,990$49,999$49,999