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$251,866$251,550
Remaining term (yrs)28.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.760%7.320%
Blended rate7.310%7.560%
1st payment$1,657.50$1,727.97
2nd payment$0.00$0.00
Taxes / mo$418.33$418.33
Insurance / mo$150.00$150.00
MI / mo$117.01$50.31
HOA / mo$0.00$0.00
Total monthly$2,342.84$2,346.62
Cash to close$27,634$27,950