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$255,246$264,600
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.410%7.320%
Blended rate6.260%7.560%
1st payment$1,523.44$1,817.62
2nd payment$0.00$0.00
Taxes / mo$267.50$267.50
Insurance / mo$150.00$150.00
MI / mo$191.96$52.92
HOA / mo$0.00$0.00
Total monthly$2,132.90$2,288.04
Cash to close$38,754$29,400