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$265,557$260,910
Remaining term (yrs)24.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.980%7.320%
Blended rate3.830%7.560%
1st payment$1,259.37$1,792.27
2nd payment$0.00$0.00
Taxes / mo$657.75$657.75
Insurance / mo$150.00$150.00
MI / mo$212.13$52.18
HOA / mo$0.00$0.00
Total monthly$2,279.25$2,652.20
Cash to close$24,343$28,990