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$96,096$112,500
Remaining term (yrs)23.630.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.300%7.320%
Blended rate4.150%7.560%
1st payment$486.84$772.80
2nd payment$0.00$0.00
Taxes / mo$258.25$258.25
Insurance / mo$150.00$150.00
MI / mo$78.74$22.50
HOA / mo$16.67$16.67
Total monthly$990.49$1,220.22
Cash to close$28,904$12,500