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$270,767$278,910
Remaining term (yrs)27.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.490%7.320%
Blended rate7.040%7.560%
1st payment$1,748.33$1,915.92
2nd payment$0.00$0.00
Taxes / mo$104.25$104.25
Insurance / mo$150.00$150.00
MI / mo$126.91$55.78
HOA / mo$0.00$0.00
Total monthly$2,129.48$2,225.95
Cash to close$39,133$30,990