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$266,989$269,100
Remaining term (yrs)25.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.410%7.320%
Blended rate6.260%7.560%
1st payment$1,595.86$1,848.53
2nd payment$0.00$0.00
Taxes / mo$249.17$249.17
Insurance / mo$150.00$150.00
MI / mo$201.08$53.82
HOA / mo$0.00$0.00
Total monthly$2,196.11$2,301.52
Cash to close$32,011$29,900