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$289,953$283,410
Remaining term (yrs)26.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.875%7.320%
Blended rate6.425%7.560%
1st payment$1,800.55$1,946.83
2nd payment$0.00$0.00
Taxes / mo$125.00$125.00
Insurance / mo$150.00$150.00
MI / mo$139.51$56.68
HOA / mo$15.00$15.00
Total monthly$2,230.06$2,293.51
Cash to close$24,947$31,490