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$258,172$256,500
Remaining term (yrs)26.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.320%7.320%
Blended rate6.870%7.560%
1st payment$1,674.87$1,761.98
2nd payment$0.00$0.00
Taxes / mo$340.67$340.67
Insurance / mo$150.00$150.00
MI / mo$123.76$51.30
HOA / mo$0.00$0.00
Total monthly$2,289.29$2,303.94
Cash to close$26,828$28,500