Dan Frey Home Loans
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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$252,991$245,250
Remaining term (yrs)24.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.840%7.320%
Blended rate3.690%7.560%
1st payment$1,176.07$1,684.70
2nd payment$0.00$0.00
Taxes / mo$176.00$176.00
Insurance / mo$150.00$150.00
MI / mo$201.70$49.05
HOA / mo$400.00$400.00
Total monthly$2,103.77$2,459.75
Cash to close$19,509$27,250