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$262,291$260,910
Remaining term (yrs)27.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.640%7.400%
Blended rate7.190%7.640%
1st payment$1,731.64$1,806.49
2nd payment$0.00$0.00
Taxes / mo$161.00$161.00
Insurance / mo$150.00$150.00
MI / mo$123.76$52.18
HOA / mo$300.00$300.00
Total monthly$2,466.40$2,469.67
Cash to close$27,609$28,990