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$181,487$180,000
Remaining term (yrs)25.230.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.070%7.320%
Blended rate3.920%7.560%
1st payment$859.67$1,236.48
2nd payment$0.00$0.00
Taxes / mo$97.42$97.42
Insurance / mo$150.00$150.00
MI / mo$143.15$36.00
HOA / mo$432.00$432.00
Total monthly$1,682.23$1,951.89
Cash to close$18,513$20,000