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$256,291$256,410
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.650%7.320%
Blended rate7.200%7.560%
1st payment$1,669.76$1,761.36
2nd payment$0.00$0.00
Taxes / mo$353.50$353.50
Insurance / mo$150.00$150.00
MI / mo$119.21$51.28
HOA / mo$275.00$275.00
Total monthly$2,567.47$2,591.14
Cash to close$28,609$28,490