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$240,494$237,600
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.440%7.400%
Blended rate6.990%7.640%
1st payment$1,541.87$1,645.09
2nd payment$0.00$0.00
Taxes / mo$365.53$365.53
Insurance / mo$150.00$150.00
MI / mo$112.51$47.52
HOA / mo$0.00$0.00
Total monthly$2,169.91$2,208.15
Cash to close$23,506$26,400