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$262,333$269,910
Remaining term (yrs)24.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.900%7.400%
Blended rate3.750%7.640%
1st payment$1,236.04$1,868.80
2nd payment$0.00$0.00
Taxes / mo$736.67$736.67
Insurance / mo$150.00$150.00
MI / mo$210.35$53.98
HOA / mo$156.00$156.00
Total monthly$2,489.05$2,965.45
Cash to close$37,567$29,990