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$256,530$260,100
Remaining term (yrs)24.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.300%7.400%
Blended rate6.850%7.640%
1st payment$1,724.51$1,800.88
2nd payment$0.00$0.00
Taxes / mo$50.33$50.33
Insurance / mo$150.00$150.00
MI / mo$119.26$52.02
HOA / mo$0.00$0.00
Total monthly$2,044.10$2,053.23
Cash to close$32,470$28,900