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$218,400$226,800
Remaining term (yrs)24.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.810%7.320%
Blended rate3.660%7.560%
1st payment$1,026.09$1,557.96
2nd payment$0.00$0.00
Taxes / mo$305.33$305.33
Insurance / mo$150.00$150.00
MI / mo$176.66$45.36
HOA / mo$0.00$0.00
Total monthly$1,658.08$2,058.65
Cash to close$33,600$25,200