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$202,713$207,000
Remaining term (yrs)24.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.970%7.320%
Blended rate3.820%7.560%
1st payment$969.09$1,421.95
2nd payment$0.00$0.00
Taxes / mo$153.08$153.08
Insurance / mo$150.00$150.00
MI / mo$163.44$41.40
HOA / mo$400.00$400.00
Total monthly$1,835.62$2,166.43
Cash to close$27,287$23,000