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$165,466$170,999
Remaining term (yrs)24.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.870%7.320%
Blended rate3.720%7.560%
1st payment$773.52$1,174.65
2nd payment$0.00$0.00
Taxes / mo$245.36$245.36
Insurance / mo$150.00$150.00
MI / mo$132.15$34.20
HOA / mo$0.00$0.00
Total monthly$1,301.02$1,604.20
Cash to close$24,533$19,000