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$206,454$215,910
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$1,332.85$1,494.92
2nd payment$0.00$0.00
Taxes / mo$286.38$286.38
Insurance / mo$150.00$150.00
MI / mo$99.01$43.18
HOA / mo$0.00$0.00
Total monthly$1,868.24$1,974.48
Cash to close$33,446$23,990