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$269,619$274,500
Remaining term (yrs)29.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.500%7.320%
Blended rate7.050%7.560%
1st payment$1,716.83$1,885.62
2nd payment$0.00$0.00
Taxes / mo$302.02$302.02
Insurance / mo$150.00$150.00
MI / mo$124.49$54.90
HOA / mo$0.00$0.00
Total monthly$2,293.35$2,392.55
Cash to close$35,381$30,500