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$232,268$233,910
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.810%7.320%
Blended rate7.360%7.560%
1st payment$1,537.61$1,606.80
2nd payment$0.00$0.00
Taxes / mo$286.70$286.70
Insurance / mo$150.00$150.00
MI / mo$107.99$46.78
HOA / mo$0.00$0.00
Total monthly$2,082.30$2,090.29
Cash to close$27,632$25,990