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$422,991
Remaining term (yrs)27.027.030.0
Secondary amount$0$422,991$0
Funding fee$0$0$0
Note rate5.891%5.891%7.400%
Blended rate6.441%7.750%7.640%
1st payment$0.00$0.00$2,928.70
2nd payment$0.00$2,731.82$0.00
Taxes / mo$109.67$109.67$109.67
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$84.60
HOA / mo$41.00$41.00$41.00
Total monthly$317.33$3,049.15$3,330.64
Cash to close$469,990$46,999$46,999