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$267,391$269,910
Remaining term (yrs)26.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.430%7.400%
Blended rate6.980%7.640%
1st payment$1,742.97$1,868.80
2nd payment$0.00$0.00
Taxes / mo$215.98$215.98
Insurance / mo$150.00$150.00
MI / mo$127.31$53.98
HOA / mo$0.00$0.00
Total monthly$2,236.27$2,288.77
Cash to close$32,509$29,990