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$251,952$256,410
Remaining term (yrs)29.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.500%7.400%
Blended rate7.050%7.640%
1st payment$1,607.40$1,775.33
2nd payment$0.00$0.00
Taxes / mo$252.33$252.33
Insurance / mo$150.00$150.00
MI / mo$116.56$51.28
HOA / mo$0.00$0.00
Total monthly$2,126.29$2,228.95
Cash to close$32,948$28,490