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$270,607$278,100
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.930%7.400%
Blended rate7.480%7.640%
1st payment$1,816.20$1,925.51
2nd payment$0.00$0.00
Taxes / mo$257.50$257.50
Insurance / mo$150.00$150.00
MI / mo$126.01$55.62
HOA / mo$0.00$0.00
Total monthly$2,349.70$2,388.63
Cash to close$38,393$30,900