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$142,680$152,910
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.600%7.400%
Blended rate7.150%7.640%
1st payment$948.76$1,058.72
2nd payment$0.00$0.00
Taxes / mo$156.33$156.33
Insurance / mo$150.00$150.00
MI / mo$68.09$30.58
HOA / mo$0.00$0.00
Total monthly$1,323.18$1,395.63
Cash to close$27,220$16,990