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$211,251$198,900
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.230%7.320%
Blended rate6.080%7.560%
1st payment$1,243.72$1,366.31
2nd payment$0.00$0.00
Taxes / mo$252.92$252.92
Insurance / mo$150.00$150.00
MI / mo$159.90$39.78
HOA / mo$0.00$0.00
Total monthly$1,806.53$1,809.00
Cash to close$9,749$22,100