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$209,410$215,100
Remaining term (yrs)25.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.890%7.400%
Blended rate4.740%7.640%
1st payment$1,077.94$1,489.31
2nd payment$0.00$0.00
Taxes / mo$230.58$230.58
Insurance / mo$150.00$150.00
MI / mo$162.08$43.02
HOA / mo$0.00$0.00
Total monthly$1,620.60$1,912.91
Cash to close$29,590$23,900