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$166,678$166,500
Remaining term (yrs)25.830.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.810%7.400%
Blended rate6.660%7.640%
1st payment$1,038.15$1,152.81
2nd payment$0.00$0.00
Taxes / mo$218.67$218.67
Insurance / mo$150.00$150.00
MI / mo$125.19$33.30
HOA / mo$0.00$0.00
Total monthly$1,532.00$1,554.78
Cash to close$18,322$18,500