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$253,816$241,200
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.220%7.400%
Blended rate6.070%7.640%
1st payment$1,486.04$1,670.02
2nd payment$0.00$0.00
Taxes / mo$291.67$291.67
Insurance / mo$150.00$150.00
MI / mo$191.26$48.24
HOA / mo$90.00$90.00
Total monthly$2,208.97$2,249.93
Cash to close$14,184$26,800