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$727,926$727,926$4,491,000
Remaining term (yrs)28.528.530.0
Secondary amount$0$3,763,074$0
Funding fee$0$0$0
Note rate6.670%6.670%7.320%
Blended rate7.220%7.664%7.560%
1st payment$4,752.01$4,752.01$30,850.05
2nd payment$0.00$24,303.19$0.00
Taxes / mo$4,158.33$4,158.33$4,158.33
Insurance / mo$216.67$216.67$216.67
MI / mo$338.57$338.57$898.20
HOA / mo$0.00$0.00$0.00
Total monthly$9,465.58$33,768.77$36,123.25
Cash to close$4,262,074$499,000$499,000