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$363,395$360,000
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.270%7.400%
Blended rate6.120%7.640%
1st payment$2,148.11$2,492.57
2nd payment$0.00$0.00
Taxes / mo$181.42$181.42
Insurance / mo$150.00$150.00
MI / mo$274.93$72.00
HOA / mo$0.00$0.00
Total monthly$2,754.45$2,895.98
Cash to close$36,605$40,000