Dan Frey Home Loans
Call Dan

Comparison

Side-by-side payments and cash to close

Lowest monthly: Current Market Conventional

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$584,100
Remaining term (yrs)0.00.030.0
Secondary amount$0$584,100$0
Funding fee$0$0$0
Note rate6.830%6.830%7.320%
Blended rate7.380%7.750%7.560%
1st payment$45,117.42$45,117.42$4,012.36
2nd payment$0.00$3,772.31$0.00
Taxes / mo$540.83$540.83$540.83
Insurance / mo$166.67$166.67$166.67
MI / mo$239.20$239.20$116.82
HOA / mo$590.00$590.00$590.00
Total monthly$46,654.12$50,426.43$5,426.68
Cash to close$649,000$64,900$64,900