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$674,999
Remaining term (yrs)——30.0
Secondary amount$0$674,999$0
Funding fee$0$0$0
Note rate3.500%3.500%7.400%
Blended rate4.350%7.750%7.640%
1st payment$0.00$0.00$4,673.56
2nd payment$0.00$4,359.37$0.00
Taxes / mo$41.67$41.67$41.67
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$135.00
HOA / mo$263.67$263.67$263.67
Total monthly$522.00$4,881.37$5,330.56
Cash to close$749,999$75,000$75,000