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$288,413$283,500
Remaining term (yrs)29.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.500%7.400%
Blended rate7.050%7.640%
1st payment$1,824.62$1,962.90
2nd payment$0.00$0.00
Taxes / mo$606.58$606.58
Insurance / mo$150.00$150.00
MI / mo$132.31$56.70
HOA / mo$16.67$16.67
Total monthly$2,730.18$2,792.85
Cash to close$26,587$31,500