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$257,897$265,499
Remaining term (yrs)29.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.170%7.400%
Blended rate6.720%7.640%
1st payment$1,588.58$1,838.26
2nd payment$0.00$0.00
Taxes / mo$103.92$103.92
Insurance / mo$150.00$150.00
MI / mo$119.26$53.10
HOA / mo$0.00$0.00
Total monthly$1,961.76$2,145.28
Cash to close$37,102$29,500