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$145,163$157,410
Remaining term (yrs)22.330.0
Secondary amount$0$0
Funding fee$0$0
Note rate4.510%7.320%
Blended rate5.360%7.560%
1st payment$856.71$1,081.30
2nd payment$0.00$0.00
Taxes / mo$351.17$351.17
Insurance / mo$150.00$150.00
MI / mo$119.63$31.48
HOA / mo$0.00$0.00
Total monthly$1,477.51$1,613.95
Cash to close$29,737$17,490