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$154,589$170,100
Remaining term (yrs)26.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.340%7.320%
Blended rate6.890%7.560%
1st payment$1,001.21$1,168.47
2nd payment$0.00$0.00
Taxes / mo$154.00$154.00
Insurance / mo$150.00$150.00
MI / mo$73.83$34.02
HOA / mo$0.00$0.00
Total monthly$1,379.04$1,506.49
Cash to close$34,411$18,900