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$252,909$261,000
Remaining term (yrs)25.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.990%7.320%
Blended rate5.840%7.560%
1st payment$1,448.55$1,792.89
2nd payment$0.00$0.00
Taxes / mo$104.42$104.42
Insurance / mo$150.00$150.00
MI / mo$191.35$52.20
HOA / mo$112.00$112.00
Total monthly$2,006.32$2,211.51
Cash to close$37,091$29,000