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$322,806$279,000
Remaining term (yrs)25.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.760%7.320%
Blended rate4.610%7.560%
1st payment$1,638.60$1,916.54
2nd payment$0.00$0.00
Taxes / mo$56.08$56.08
Insurance / mo$150.00$150.00
MI / mo$250.32$55.80
HOA / mo$0.00$0.00
Total monthly$2,095.00$2,178.42
Cash to close$0$31,000