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$243,181$250,650
Remaining term (yrs)28.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.500%7.320%
Blended rate5.050%7.560%
1st payment$1,268.59$1,721.79
2nd payment$0.00$0.00
Taxes / mo$279.58$279.58
Insurance / mo$150.00$150.00
MI / mo$114.75$50.13
HOA / mo$203.33$203.33
Total monthly$2,016.26$2,404.83
Cash to close$35,319$27,850