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$271,767$269,910
Remaining term (yrs)28.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.350%7.400%
Blended rate6.900%7.640%
1st payment$1,710.70$1,868.80
2nd payment$0.00$0.00
Taxes / mo$112.67$112.67
Insurance / mo$150.00$150.00
MI / mo$126.01$53.98
HOA / mo$581.00$581.00
Total monthly$2,680.38$2,766.45
Cash to close$28,133$29,990