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$237,464$224,910
Remaining term (yrs)29.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.210%7.320%
Blended rate6.760%7.560%
1st payment$1,465.90$1,544.98
2nd payment$0.00$0.00
Taxes / mo$119.17$119.17
Insurance / mo$150.00$150.00
MI / mo$109.58$44.98
HOA / mo$35.00$35.00
Total monthly$1,879.65$1,894.12
Cash to close$12,436$24,990