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$308,328$300,600
Remaining term (yrs)25.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.420%7.320%
Blended rate5.270%7.560%
1st payment$1,675.69$2,064.91
2nd payment$0.00$0.00
Taxes / mo$309.92$309.92
Insurance / mo$150.00$150.00
MI / mo$236.47$60.12
HOA / mo$83.33$83.33
Total monthly$2,455.41$2,668.28
Cash to close$25,672$33,400