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$178,148$188,910
Remaining term (yrs)24.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.500%7.320%
Blended rate3.350%7.560%
1st payment$799.20$1,297.68
2nd payment$0.00$0.00
Taxes / mo$317.83$317.83
Insurance / mo$150.00$150.00
MI / mo$143.27$37.78
HOA / mo$0.00$0.00
Total monthly$1,410.31$1,803.30
Cash to close$31,752$20,990