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$200,230$192,510
Remaining term (yrs)25.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.840%7.400%
Blended rate3.690%7.640%
1st payment$928.69$1,332.90
2nd payment$0.00$0.00
Taxes / mo$114.33$114.33
Insurance / mo$150.00$150.00
MI / mo$159.27$38.50
HOA / mo$530.00$530.00
Total monthly$1,882.30$2,165.74
Cash to close$13,670$21,390