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$217,150$220,410
Remaining term (yrs)28.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.670%7.320%
Blended rate7.220%7.560%
1st payment$1,414.86$1,514.06
2nd payment$0.00$0.00
Taxes / mo$137.42$137.42
Insurance / mo$150.00$150.00
MI / mo$100.81$44.08
HOA / mo$0.00$0.00
Total monthly$1,803.09$1,845.56
Cash to close$27,750$24,490