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$214,810$217,800
Remaining term (yrs)26.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.150%7.320%
Blended rate7.000%7.560%
1st payment$1,375.84$1,496.13
2nd payment$0.00$0.00
Taxes / mo$230.50$230.50
Insurance / mo$150.00$150.00
MI / mo$159.97$43.56
HOA / mo$365.00$365.00
Total monthly$2,281.31$2,285.19
Cash to close$27,190$24,200