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$494,991
Remaining term (yrs)29.629.630.0
Secondary amount$0$494,991$0
Funding fee$0$0$0
Note rate5.250%5.250%7.320%
Blended rate5.800%7.750%7.560%
1st payment$0.00$0.00$3,400.24
2nd payment$0.00$3,196.82$0.00
Taxes / mo$458.33$458.33$458.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$99.00
HOA / mo$66.00$66.00$66.00
Total monthly$690.99$3,887.81$4,190.23
Cash to close$549,990$54,999$54,999