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$266,551$270,000
Remaining term (yrs)28.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.760%7.320%
Blended rate7.310%7.560%
1st payment$1,752.49$1,854.71
2nd payment$0.00$0.00
Taxes / mo$372.25$372.25
Insurance / mo$150.00$150.00
MI / mo$123.71$54.00
HOA / mo$0.00$0.00
Total monthly$2,398.45$2,430.96
Cash to close$33,449$30,000