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$275,323$274,500
Remaining term (yrs)26.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.420%7.320%
Blended rate6.970%7.560%
1st payment$1,803.52$1,885.62
2nd payment$0.00$0.00
Taxes / mo$442.08$442.08
Insurance / mo$150.00$150.00
MI / mo$131.87$54.90
HOA / mo$17.67$17.67
Total monthly$2,545.15$2,550.28
Cash to close$29,677$30,500