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$233,404$238,455
Remaining term (yrs)27.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.660%7.320%
Blended rate7.210%7.560%
1st payment$1,545.59$1,638.02
2nd payment$0.00$0.00
Taxes / mo$557.83$557.83
Insurance / mo$150.00$150.00
MI / mo$110.23$47.69
HOA / mo$0.00$0.00
Total monthly$2,363.66$2,393.54
Cash to close$31,546$26,495