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$206,675$207,000
Remaining term (yrs)24.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.960%7.320%
Blended rate3.810%7.560%
1st payment$980.21$1,421.95
2nd payment$0.00$0.00
Taxes / mo$232.00$232.00
Insurance / mo$150.00$150.00
MI / mo$165.53$41.40
HOA / mo$0.00$0.00
Total monthly$1,527.74$1,845.35
Cash to close$23,325$23,000