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$250,250$249,300
Remaining term (yrs)28.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.500%7.400%
Blended rate7.050%7.640%
1st payment$1,601.19$1,726.10
2nd payment$0.00$0.00
Taxes / mo$230.83$230.83
Insurance / mo$150.00$150.00
MI / mo$116.11$49.86
HOA / mo$0.00$0.00
Total monthly$2,098.13$2,156.80
Cash to close$26,750$27,700