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$184,169$197,910
Remaining term (yrs)22.530.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.270%7.320%
Blended rate5.120%7.560%
1st payment$1,057.92$1,359.50
2nd payment$0.00$0.00
Taxes / mo$389.83$389.83
Insurance / mo$150.00$150.00
MI / mo$151.97$39.58
HOA / mo$100.00$100.00
Total monthly$1,849.72$2,038.92
Cash to close$35,731$21,990