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$276,105$279,000
Remaining term (yrs)27.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.780%7.400%
Blended rate7.330%7.640%
1st payment$1,840.30$1,931.74
2nd payment$0.00$0.00
Taxes / mo$483.01$483.01
Insurance / mo$150.00$150.00
MI / mo$129.65$55.80
HOA / mo$175.00$175.00
Total monthly$2,777.96$2,795.55
Cash to close$33,895$31,000