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$277,546$273,600
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.540%7.320%
Blended rate7.090%7.560%
1st payment$1,801.06$1,879.44
2nd payment$0.00$0.00
Taxes / mo$353.33$353.33
Insurance / mo$150.00$150.00
MI / mo$130.06$54.72
HOA / mo$0.00$0.00
Total monthly$2,434.45$2,437.50
Cash to close$26,454$30,400