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$173,150$175,500
Remaining term (yrs)22.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.800%7.320%
Blended rate4.650%7.560%
1st payment$944.02$1,205.56
2nd payment$0.00$0.00
Taxes / mo$384.92$384.92
Insurance / mo$150.00$150.00
MI / mo$143.51$35.10
HOA / mo$8.33$8.33
Total monthly$1,630.78$1,783.91
Cash to close$21,850$19,500