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
Current Market Conventional
New · Conventional
Loan amount$242,409$242,549
Remaining term (yrs)25.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.050%7.400%
Blended rate3.900%7.640%
1st payment$1,145.71$1,679.36
2nd payment$0.00$0.00
Taxes / mo$129.58$129.58
Insurance / mo$150.00$150.00
MI / mo$191.26$48.51
HOA / mo$0.00$0.00
Total monthly$1,616.55$2,007.45
Cash to close$27,090$26,950