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$290,889$292,500
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.410%7.320%
Blended rate6.260%7.560%
1st payment$1,738.71$2,009.27
2nd payment$0.00$0.00
Taxes / mo$87.83$87.83
Insurance / mo$150.00$150.00
MI / mo$219.08$58.50
HOA / mo$0.00$0.00
Total monthly$2,195.63$2,305.61
Cash to close$34,111$32,500