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$154,135$168,210
Remaining term (yrs)25.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.220%7.400%
Blended rate6.070%7.640%
1st payment$902.43$1,164.65
2nd payment$0.00$0.00
Taxes / mo$101.33$101.33
Insurance / mo$150.00$150.00
MI / mo$116.15$33.64
HOA / mo$0.00$0.00
Total monthly$1,269.91$1,449.63
Cash to close$32,765$18,690