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$245,726$247,500
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.810%7.320%
Blended rate6.660%7.560%
1st payment$1,528.39$1,700.15
2nd payment$0.00$0.00
Taxes / mo$214.33$214.33
Insurance / mo$150.00$150.00
MI / mo$184.31$49.50
HOA / mo$0.00$0.00
Total monthly$2,077.03$2,113.99
Cash to close$29,274$27,500