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$259,223$211,500
Remaining term (yrs)24.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.970%7.320%
Blended rate3.820%7.560%
1st payment$1,230.77$1,452.86
2nd payment$0.00$0.00
Taxes / mo$167.50$167.50
Insurance / mo$150.00$150.00
MI / mo$207.58$42.30
HOA / mo$90.00$90.00
Total monthly$1,845.85$1,902.66
Cash to close$0$23,500