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$244,068$251,010
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.340%7.400%
Blended rate6.890%7.640%
1st payment$1,580.73$1,737.94
2nd payment$0.00$0.00
Taxes / mo$333.57$333.57
Insurance / mo$150.00$150.00
MI / mo$116.56$50.20
HOA / mo$0.00$0.00
Total monthly$2,180.86$2,271.72
Cash to close$34,832$27,890