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$115,769$118,800
Remaining term (yrs)26.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.220%7.400%
Blended rate6.070%7.640%
1st payment$676.79$822.55
2nd payment$0.00$0.00
Taxes / mo$170.83$170.83
Insurance / mo$150.00$150.00
MI / mo$87.11$23.76
HOA / mo$0.00$0.00
Total monthly$1,084.73$1,167.14
Cash to close$16,231$13,200