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$141,062$152,999
Remaining term (yrs)23.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.610%7.320%
Blended rate4.460%7.560%
1st payment$749.55$1,051.00
2nd payment$0.00$0.00
Taxes / mo$82.50$82.50
Insurance / mo$150.00$150.00
MI / mo$116.64$30.60
HOA / mo$206.00$206.00
Total monthly$1,304.69$1,520.10
Cash to close$28,937$17,000