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$241,152$242,910
Remaining term (yrs)25.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.980%7.400%
Blended rate3.830%7.640%
1st payment$1,130.95$1,681.86
2nd payment$0.00$0.00
Taxes / mo$325.50$325.50
Insurance / mo$150.00$150.00
MI / mo$190.50$48.58
HOA / mo$21.83$21.83
Total monthly$1,818.78$2,227.77
Cash to close$28,748$26,990