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$258,252$251,100
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.460%7.400%
Blended rate7.010%7.640%
1st payment$1,662.52$1,738.57
2nd payment$0.00$0.00
Taxes / mo$232.50$232.50
Insurance / mo$150.00$150.00
MI / mo$121.06$50.22
HOA / mo$0.00$0.00
Total monthly$2,166.08$2,171.29
Cash to close$20,748$27,900