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$155,440$164,250
Remaining term (yrs)24.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.960%7.320%
Blended rate3.810%7.560%
1st payment$737.21$1,128.28
2nd payment$0.00$0.00
Taxes / mo$53.42$53.42
Insurance / mo$150.00$150.00
MI / mo$124.49$32.85
HOA / mo$0.00$0.00
Total monthly$1,065.12$1,364.55
Cash to close$27,060$18,250