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$329,345$332,909
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.500%7.400%
Blended rate7.050%7.640%
1st payment$2,171.54$2,305.00
2nd payment$0.00$0.00
Taxes / mo$72.42$72.42
Insurance / mo$150.00$150.00
MI / mo$157.47$66.58
HOA / mo$0.00$0.00
Total monthly$2,551.42$2,593.99
Cash to close$40,554$36,990