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$259,111$238,500
Remaining term (yrs)25.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.720%7.320%
Blended rate5.570%7.560%
1st payment$1,455.22$1,638.33
2nd payment$0.00$0.00
Taxes / mo$73.00$73.00
Insurance / mo$150.00$150.00
MI / mo$198.29$47.70
HOA / mo$0.00$0.00
Total monthly$1,876.50$1,909.03
Cash to close$5,889$26,500