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$253,190$260,910
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.390%7.400%
Blended rate6.940%7.640%
1st payment$1,645.89$1,806.49
2nd payment$0.00$0.00
Taxes / mo$357.17$357.17
Insurance / mo$150.00$150.00
MI / mo$120.73$52.18
HOA / mo$0.00$0.00
Total monthly$2,273.78$2,365.84
Cash to close$36,710$28,990