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$206,412$211,500
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.690%7.400%
Blended rate7.240%7.640%
1st payment$1,379.80$1,464.38
2nd payment$0.00$0.00
Taxes / mo$179.67$179.67
Insurance / mo$150.00$150.00
MI / mo$98.11$42.30
HOA / mo$0.00$0.00
Total monthly$1,807.58$1,836.35
Cash to close$28,588$23,500