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$287,522$283,500
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.390%7.400%
Blended rate6.940%7.640%
1st payment$1,871.27$1,962.90
2nd payment$0.00$0.00
Taxes / mo$67.92$67.92
Insurance / mo$150.00$150.00
MI / mo$137.26$56.70
HOA / mo$0.00$0.00
Total monthly$2,226.45$2,237.51
Cash to close$27,478$31,500