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$809,100
Remaining term (yrs)0.00.030.0
Secondary amount$0$809,100$0
Funding fee$0$0$0
Note rate7.500%7.500%7.400%
Blended rate8.350%7.750%7.640%
1st payment$527.04$527.04$5,602.04
2nd payment$0.00$5,225.44$0.00
Taxes / mo$749.17$749.17$749.17
Insurance / mo$216.67$216.67$216.67
MI / mo$40.27$40.27$161.82
HOA / mo$0.00$0.00$0.00
Total monthly$1,533.15$6,758.59$6,729.70
Cash to close$899,000$89,900$89,900