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$292,351$281,250
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.270%7.400%
Blended rate6.120%7.640%
1st payment$1,730.78$1,947.32
2nd payment$0.00$0.00
Taxes / mo$189.75$189.75
Insurance / mo$150.00$150.00
MI / mo$221.52$56.25
HOA / mo$0.00$0.00
Total monthly$2,292.05$2,343.32
Cash to close$20,149$31,250