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$251,298$251,460
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.640%7.320%
Blended rate7.190%7.560%
1st payment$1,637.18$1,727.36
2nd payment$0.00$0.00
Taxes / mo$25.83$25.83
Insurance / mo$150.00$150.00
MI / mo$117.01$50.29
HOA / mo$0.00$0.00
Total monthly$1,930.02$1,953.48
Cash to close$28,102$27,940