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$278,110$269,100
Remaining term (yrs)29.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.980%7.400%
Blended rate6.530%7.640%
1st payment$1,674.00$1,863.19
2nd payment$0.00$0.00
Taxes / mo$188.14$188.14
Insurance / mo$150.00$150.00
MI / mo$128.25$53.82
HOA / mo$0.00$0.00
Total monthly$2,140.39$2,255.16
Cash to close$20,890$29,900