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$259,309$265,275
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.760%7.320%
Blended rate7.310%7.560%
1st payment$1,711.37$1,822.26
2nd payment$0.00$0.00
Taxes / mo$670.94$670.94
Insurance / mo$150.00$150.00
MI / mo$120.81$53.06
HOA / mo$0.00$0.00
Total monthly$2,653.13$2,696.25
Cash to close$35,441$29,475