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$34,199$47,700
Remaining term (yrs)15.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.880%7.320%
Blended rate4.730%7.560%
1st payment$243.05$327.67
2nd payment$0.00$0.00
Taxes / mo$196.00$196.00
Insurance / mo$150.00$150.00
MI / mo$36.59$9.54
HOA / mo$0.00$0.00
Total monthly$625.64$683.21
Cash to close$18,801$5,300