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$176,319$175,770
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.540%7.320%
Blended rate6.390%7.560%
1st payment$1,067.72$1,207.42
2nd payment$0.00$0.00
Taxes / mo$138.08$138.08
Insurance / mo$150.00$150.00
MI / mo$132.61$35.15
HOA / mo$288.00$288.00
Total monthly$1,776.42$1,818.66
Cash to close$18,981$19,530