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$124,062$134,100
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.270%7.400%
Blended rate6.820%7.640%
1st payment$800.93$928.48
2nd payment$0.00$0.00
Taxes / mo$156.17$156.17
Insurance / mo$150.00$150.00
MI / mo$59.49$26.82
HOA / mo$387.00$387.00
Total monthly$1,553.59$1,648.47
Cash to close$24,938$14,900