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$183,452$162,000
Remaining term (yrs)24.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.670%7.320%
Blended rate3.520%7.560%
1st payment$852.90$1,112.83
2nd payment$0.00$0.00
Taxes / mo$119.00$119.00
Insurance / mo$150.00$150.00
MI / mo$149.53$32.40
HOA / mo$384.00$384.00
Total monthly$1,655.43$1,798.23
Cash to close$0$18,000