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$273,145$269,910
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.320%7.400%
Blended rate6.870%7.640%
1st payment$1,765.61$1,868.80
2nd payment$0.00$0.00
Taxes / mo$151.58$151.58
Insurance / mo$150.00$150.00
MI / mo$130.46$53.98
HOA / mo$0.00$0.00
Total monthly$2,197.65$2,224.37
Cash to close$26,755$29,990