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$227,269$224,910
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.110%7.320%
Blended rate6.660%7.560%
1st payment$1,432.04$1,544.98
2nd payment$0.00$0.00
Taxes / mo$95.88$95.88
Insurance / mo$150.00$150.00
MI / mo$108.19$44.98
HOA / mo$0.00$0.00
Total monthly$1,786.11$1,835.83
Cash to close$22,631$24,990