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$159,258$171,000
Remaining term (yrs)25.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.980%7.400%
Blended rate5.830%7.640%
1st payment$915.55$1,183.97
2nd payment$0.00$0.00
Taxes / mo$309.55$309.55
Insurance / mo$150.00$150.00
MI / mo$121.08$34.20
HOA / mo$0.00$0.00
Total monthly$1,496.18$1,677.72
Cash to close$30,742$19,000