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$268,835$269,910
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.320%7.320%
Blended rate6.870%7.560%
1st payment$1,741.92$1,854.09
2nd payment$0.00$0.00
Taxes / mo$289.17$289.17
Insurance / mo$150.00$150.00
MI / mo$128.71$53.98
HOA / mo$0.00$0.00
Total monthly$2,309.80$2,347.24
Cash to close$31,065$29,990