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$236,359$224,910
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.270%7.400%
Blended rate6.120%7.640%
1st payment$1,399.30$1,557.23
2nd payment$0.00$0.00
Taxes / mo$324.83$324.83
Insurance / mo$150.00$150.00
MI / mo$179.09$44.98
HOA / mo$415.00$415.00
Total monthly$2,468.22$2,492.05
Cash to close$13,541$24,990