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$271,322$265,500
Remaining term (yrs)29.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.750%7.320%
Blended rate6.300%7.560%
1st payment$1,598.67$1,823.80
2nd payment$0.00$0.00
Taxes / mo$90.92$90.92
Insurance / mo$150.00$150.00
MI / mo$125.56$53.10
HOA / mo$0.00$0.00
Total monthly$1,965.15$2,117.82
Cash to close$23,678$29,500