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$539,991
Remaining term (yrs)——30.0
Secondary amount$0$539,991$0
Funding fee$0$0$0
Note rate5.891%5.891%7.320%
Blended rate6.741%7.750%7.560%
1st payment$0.00$0.00$3,709.36
2nd payment$0.00$3,487.44$0.00
Taxes / mo$499.99$499.99$499.99
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$108.00
HOA / mo$180.00$180.00$180.00
Total monthly$846.66$4,334.10$4,664.02
Cash to close$599,990$59,999$59,999