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$238,917$233,998
Remaining term (yrs)29.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.360%7.320%
Blended rate6.910%7.560%
1st payment$1,490.97$1,607.41
2nd payment$0.00$0.00
Taxes / mo$109.83$109.83
Insurance / mo$150.00$150.00
MI / mo$109.71$46.80
HOA / mo$313.00$313.00
Total monthly$2,173.51$2,227.04
Cash to close$21,081$26,000