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$286,518$288,000
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.330%7.320%
Blended rate6.880%7.560%
1st payment$1,858.31$1,978.36
2nd payment$0.00$0.00
Taxes / mo$297.50$297.50
Insurance / mo$150.00$150.00
MI / mo$137.17$57.60
HOA / mo$0.00$0.00
Total monthly$2,442.98$2,483.46
Cash to close$33,482$32,000