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$239,594$247,500
Remaining term (yrs)29.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.980%7.400%
Blended rate6.530%7.640%
1st payment$1,440.68$1,713.64
2nd payment$0.00$0.00
Taxes / mo$44.17$44.17
Insurance / mo$150.00$150.00
MI / mo$110.37$49.50
HOA / mo$0.00$0.00
Total monthly$1,745.21$1,957.31
Cash to close$35,406$27,500