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$205,230$216,000
Remaining term (yrs)26.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.020%7.400%
Blended rate6.870%7.640%
1st payment$1,297.90$1,495.54
2nd payment$0.00$0.00
Taxes / mo$134.50$134.50
Insurance / mo$150.00$150.00
MI / mo$153.01$43.20
HOA / mo$0.00$0.00
Total monthly$1,735.41$1,823.24
Cash to close$34,770$24,000