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$69,114$88,200
Remaining term (yrs)22.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.730%7.320%
Blended rate4.580%7.560%
1st payment$374.23$605.87
2nd payment$0.00$0.00
Taxes / mo$109.91$109.91
Insurance / mo$150.00$150.00
MI / mo$57.38$17.64
HOA / mo$0.00$0.00
Total monthly$691.52$883.42
Cash to close$28,886$9,800