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$328,563$328,410
Remaining term (yrs)29.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.100%7.400%
Blended rate6.650%7.640%
1st payment$2,000.95$2,273.84
2nd payment$0.00$0.00
Taxes / mo$167.58$167.58
Insurance / mo$150.00$150.00
MI / mo$151.34$65.68
HOA / mo$230.00$230.00
Total monthly$2,699.87$2,887.11
Cash to close$36,337$36,490