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$327,974$333,000
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.640%7.400%
Blended rate7.190%7.640%
1st payment$2,134.64$2,305.62
2nd payment$0.00$0.00
Taxes / mo$161.33$161.33
Insurance / mo$150.00$150.00
MI / mo$152.56$66.60
HOA / mo$132.00$132.00
Total monthly$2,730.53$2,815.56
Cash to close$42,026$37,000