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$263,831$250,200
Remaining term (yrs)26.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.220%7.320%
Blended rate6.070%7.560%
1st payment$1,540.07$1,718.70
2nd payment$0.00$0.00
Taxes / mo$255.50$255.50
Insurance / mo$150.00$150.00
MI / mo$198.22$50.04
HOA / mo$403.00$403.00
Total monthly$2,546.79$2,577.24
Cash to close$14,169$27,800