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$281,598$281,610
Remaining term (yrs)26.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.570%7.400%
Blended rate7.120%7.640%
1st payment$1,862.84$1,949.81
2nd payment$0.00$0.00
Taxes / mo$418.83$418.83
Insurance / mo$150.00$150.00
MI / mo$134.10$56.32
HOA / mo$83.33$83.33
Total monthly$2,649.10$2,658.30
Cash to close$31,302$31,290