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$289,847$297,000
Remaining term (yrs)29.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.090%7.320%
Blended rate6.640%7.560%
1st payment$1,765.08$2,040.18
2nd payment$0.00$0.00
Taxes / mo$566.92$566.92
Insurance / mo$150.00$150.00
MI / mo$133.64$59.40
HOA / mo$0.00$0.00
Total monthly$2,615.64$2,816.50
Cash to close$40,153$33,000