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$307,022$296,999
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.350%7.400%
Blended rate6.900%7.640%
1st payment$1,954.77$2,056.36
2nd payment$0.00$0.00
Taxes / mo$278.42$278.42
Insurance / mo$150.00$150.00
MI / mo$143.99$59.40
HOA / mo$326.00$326.00
Total monthly$2,853.18$2,870.18
Cash to close$22,977$33,000