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$253,746$256,410
Remaining term (yrs)25.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.070%7.400%
Blended rate3.920%7.640%
1st payment$1,199.34$1,775.33
2nd payment$0.00$0.00
Taxes / mo$490.72$490.72
Insurance / mo$150.00$150.00
MI / mo$199.71$51.28
HOA / mo$225.00$225.00
Total monthly$2,264.77$2,692.34
Cash to close$31,154$28,490