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$342,906$346,499
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.660%7.320%
Blended rate6.510%7.560%
1st payment$2,098.50$2,380.21
2nd payment$0.00$0.00
Taxes / mo$114.08$114.08
Insurance / mo$150.00$150.00
MI / mo$257.23$69.30
HOA / mo$300.00$300.00
Total monthly$2,919.81$3,013.59
Cash to close$42,093$38,500