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$241,307$251,100
Remaining term (yrs)28.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.630%7.320%
Blended rate7.180%7.560%
1st payment$1,564.45$1,724.88
2nd payment$0.00$0.00
Taxes / mo$127.42$127.42
Insurance / mo$150.00$150.00
MI / mo$111.93$50.22
HOA / mo$448.00$448.00
Total monthly$2,401.79$2,500.52
Cash to close$37,693$27,900