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$332,003$333,000
Remaining term (yrs)28.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.840%7.400%
Blended rate7.390%7.640%
1st payment$2,198.28$2,305.62
2nd payment$0.00$0.00
Taxes / mo$442.58$442.58
Insurance / mo$150.00$150.00
MI / mo$153.92$66.60
HOA / mo$35.00$35.00
Total monthly$2,979.79$2,999.81
Cash to close$37,997$37,000