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$268,156$242,910
Remaining term (yrs)24.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.770%7.400%
Blended rate3.620%7.640%
1st payment$1,239.78$1,681.86
2nd payment$0.00$0.00
Taxes / mo$296.92$296.92
Insurance / mo$150.00$150.00
MI / mo$214.55$48.58
HOA / mo$25.00$25.00
Total monthly$1,926.25$2,202.36
Cash to close$1,744$26,990