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$387,002$386,910
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.650%7.320%
Blended rate7.200%7.560%
1st payment$2,521.35$2,657.80
2nd payment$0.00$0.00
Taxes / mo$150.83$150.83
Insurance / mo$150.00$150.00
MI / mo$180.01$77.38
HOA / mo$75.00$75.00
Total monthly$3,077.20$3,111.02
Cash to close$42,898$42,990