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$298,214$296,550
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.440%7.320%
Blended rate6.990%7.560%
1st payment$1,911.93$2,037.09
2nd payment$0.00$0.00
Taxes / mo$254.50$254.50
Insurance / mo$150.00$150.00
MI / mo$139.51$59.31
HOA / mo$42.00$42.00
Total monthly$2,497.94$2,542.90
Cash to close$31,286$32,950