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$179,720$179,550
Remaining term (yrs)28.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.810%7.400%
Blended rate7.360%7.640%
1st payment$1,188.62$1,243.17
2nd payment$0.00$0.00
Taxes / mo$170.83$170.83
Insurance / mo$150.00$150.00
MI / mo$83.48$35.91
HOA / mo$0.00$0.00
Total monthly$1,592.94$1,599.91
Cash to close$19,780$19,950