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$267,554$261,000
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.200%7.400%
Blended rate6.750%7.640%
1st payment$1,677.83$1,807.11
2nd payment$0.00$0.00
Taxes / mo$110.83$110.83
Insurance / mo$150.00$150.00
MI / mo$125.56$52.20
HOA / mo$0.00$0.00
Total monthly$2,064.23$2,120.14
Cash to close$22,446$29,000