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$89,173$99,000
Remaining term (yrs)28.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.760%7.320%
Blended rate7.310%7.560%
1st payment$587.95$680.06
2nd payment$0.00$0.00
Taxes / mo$136.25$136.25
Insurance / mo$150.00$150.00
MI / mo$41.51$19.80
HOA / mo$821.00$821.00
Total monthly$1,736.71$1,807.11
Cash to close$20,827$11,000