Dan Frey Home Loans
Call Dan

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$169,750$173,700
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.600%7.320%
Blended rate7.150%7.560%
1st payment$1,128.76$1,193.20
2nd payment$0.00$0.00
Taxes / mo$160.83$160.83
Insurance / mo$150.00$150.00
MI / mo$81.01$34.74
HOA / mo$0.00$0.00
Total monthly$1,520.60$1,538.77
Cash to close$23,250$19,300