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$261,383$224,910
Remaining term (yrs)24.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.960%7.400%
Blended rate3.810%7.640%
1st payment$1,239.68$1,557.23
2nd payment$0.00$0.00
Taxes / mo$143.67$143.67
Insurance / mo$150.00$150.00
MI / mo$209.35$44.98
HOA / mo$500.00$500.00
Total monthly$2,242.69$2,395.88
Cash to close$0$24,990