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$214,293$218,250
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.720%7.320%
Blended rate5.570%7.560%
1st payment$1,199.50$1,499.23
2nd payment$0.00$0.00
Taxes / mo$228.33$228.33
Insurance / mo$150.00$150.00
MI / mo$163.44$43.65
HOA / mo$328.00$328.00
Total monthly$2,069.27$2,249.21
Cash to close$28,207$24,250