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$257,821$252,000
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.000%7.320%
Blended rate5.550%7.560%
1st payment$1,449.52$1,731.07
2nd payment$0.00$0.00
Taxes / mo$263.58$263.58
Insurance / mo$150.00$150.00
MI / mo$123.76$50.40
HOA / mo$155.00$155.00
Total monthly$2,141.86$2,350.05
Cash to close$22,179$28,000