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$158,747$162,000
Remaining term (yrs)26.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.410%7.320%
Blended rate5.960%7.560%
1st payment$938.07$1,112.83
2nd payment$0.00$0.00
Taxes / mo$174.95$174.95
Insurance / mo$150.00$150.00
MI / mo$76.48$32.40
HOA / mo$0.00$0.00
Total monthly$1,339.50$1,470.17
Cash to close$21,253$18,000