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$321,066$323,100
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.570%7.400%
Blended rate7.120%7.640%
1st payment$2,123.93$2,237.08
2nd payment$0.00$0.00
Taxes / mo$262.58$262.58
Insurance / mo$150.00$150.00
MI / mo$152.90$64.62
HOA / mo$158.00$158.00
Total monthly$2,847.41$2,872.28
Cash to close$37,934$35,900