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$260,775$260,100
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.000%7.400%
Blended rate5.850%7.640%
1st payment$1,502.23$1,800.88
2nd payment$0.00$0.00
Taxes / mo$311.75$311.75
Insurance / mo$150.00$150.00
MI / mo$198.22$52.02
HOA / mo$0.00$0.00
Total monthly$2,162.19$2,314.65
Cash to close$28,225$28,900