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$277,782$274,500
Remaining term (yrs)24.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.060%7.400%
Blended rate3.910%7.640%
1st payment$1,334.89$1,900.58
2nd payment$0.00$0.00
Taxes / mo$254.17$254.17
Insurance / mo$150.00$150.00
MI / mo$222.56$54.90
HOA / mo$525.00$525.00
Total monthly$2,486.61$2,884.65
Cash to close$27,218$30,500