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$431,100
Remaining term (yrs)25.225.230.0
Secondary amount$0$431,100$0
Funding fee$0$0$0
Note rate4.000%4.000%7.400%
Blended rate4.850%7.750%7.640%
1st payment$0.00$0.00$2,984.85
2nd payment$0.00$2,784.19$0.00
Taxes / mo$124.83$124.83$124.83
Insurance / mo$166.67$166.67$166.67
MI / mo$0.00$0.00$86.22
HOA / mo$0.00$0.00$0.00
Total monthly$291.50$3,075.69$3,362.57
Cash to close$479,000$47,900$47,900