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$220,530$215,550
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.270%7.400%
Blended rate6.820%7.640%
1st payment$1,423.73$1,492.42
2nd payment$0.00$0.00
Taxes / mo$251.42$251.42
Insurance / mo$150.00$150.00
MI / mo$105.76$43.11
HOA / mo$309.00$309.00
Total monthly$2,239.90$2,245.95
Cash to close$18,970$23,950