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$701,100
Remaining term (yrs)29.829.830.0
Secondary amount$0$701,100$0
Funding fee$0$0$0
Note rate5.891%5.891%7.320%
Blended rate6.441%7.750%7.560%
1st payment$0.00$0.00$4,816.07
2nd payment$0.00$4,527.94$0.00
Taxes / mo$126.50$126.50$126.50
Insurance / mo$216.67$216.67$216.67
MI / mo$0.00$0.00$140.22
HOA / mo$45.00$45.00$45.00
Total monthly$388.17$4,916.10$5,344.46
Cash to close$779,000$77,900$77,900