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$213,498$224,100
Remaining term (yrs)26.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.900%7.320%
Blended rate7.450%7.560%
1st payment$1,454.58$1,539.41
2nd payment$0.00$0.00
Taxes / mo$202.67$202.67
Insurance / mo$150.00$150.00
MI / mo$101.23$44.82
HOA / mo$0.00$0.00
Total monthly$1,908.48$1,936.90
Cash to close$35,502$24,900