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$279,008$246,600
Remaining term (yrs)25.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.000%7.320%
Blended rate4.850%7.560%
1st payment$1,453.18$1,693.97
2nd payment$0.00$0.00
Taxes / mo$320.92$320.92
Insurance / mo$150.00$150.00
MI / mo$215.61$49.32
HOA / mo$174.00$174.00
Total monthly$2,313.70$2,388.21
Cash to close$0$27,400