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$178,121$188,910
Remaining term (yrs)24.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.870%7.400%
Blended rate3.720%7.640%
1st payment$834.58$1,307.97
2nd payment$0.00$0.00
Taxes / mo$110.58$110.58
Insurance / mo$150.00$150.00
MI / mo$142.58$37.78
HOA / mo$0.00$0.00
Total monthly$1,237.74$1,606.34
Cash to close$31,779$20,990