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$261,211$269,100
Remaining term (yrs)28.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.630%7.320%
Blended rate7.180%7.560%
1st payment$1,698.40$1,848.53
2nd payment$0.00$0.00
Taxes / mo$53.33$53.33
Insurance / mo$150.00$150.00
MI / mo$121.51$53.82
HOA / mo$0.00$0.00
Total monthly$2,023.24$2,105.68
Cash to close$37,789$29,900