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$110,077$125,100
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.670%7.400%
Blended rate7.220%7.640%
1st payment$720.00$866.17
2nd payment$0.00$0.00
Taxes / mo$72.66$72.66
Insurance / mo$150.00$150.00
MI / mo$51.30$25.02
HOA / mo$0.00$0.00
Total monthly$993.96$1,113.85
Cash to close$28,923$13,900