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$182,930$193,500
Remaining term (yrs)25.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.100%7.400%
Blended rate5.950%7.640%
1st payment$1,066.23$1,339.75
2nd payment$0.00$0.00
Taxes / mo$73.75$73.75
Insurance / mo$150.00$150.00
MI / mo$139.10$38.70
HOA / mo$215.00$215.00
Total monthly$1,644.08$1,817.20
Cash to close$32,070$21,500