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$233,630$234,000
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.110%7.400%
Blended rate5.960%7.640%
1st payment$1,360.98$1,620.17
2nd payment$0.00$0.00
Taxes / mo$201.08$201.08
Insurance / mo$150.00$150.00
MI / mo$177.35$46.80
HOA / mo$0.00$0.00
Total monthly$1,889.42$2,018.05
Cash to close$26,370$26,000