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$471,935
Remaining term (yrs)——30.0
Secondary amount$0$471,935$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$3,267.58
2nd payment$0.00$3,047.91$0.00
Taxes / mo$109.33$109.33$109.33
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$94.39
HOA / mo$191.00$191.00$191.00
Total monthly$467.00$3,514.91$3,828.97
Cash to close$524,372$52,437$52,437