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$715,529$715,529$719,100
Remaining term (yrs)27.427.430.0
Secondary amount$0$43,521$0
Funding fee$0$0$0
Note rate6.690%6.690%7.400%
Blended rate7.240%7.506%7.640%
1st payment$4,747.04$4,747.04$4,978.90
2nd payment$0.00$430.67$0.00
Taxes / mo$439.50$439.50$439.50
Insurance / mo$216.67$216.67$216.67
MI / mo$337.52$337.52$143.82
HOA / mo$0.00$0.00$0.00
Total monthly$5,740.73$6,171.40$5,778.89
Cash to close$83,471$39,950$79,900