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$208,599$184,500
Remaining term (yrs)25.130.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.090%7.400%
Blended rate3.940%7.640%
1st payment$992.43$1,277.44
2nd payment$0.00$0.00
Taxes / mo$286.67$286.67
Insurance / mo$150.00$150.00
MI / mo$164.83$36.90
HOA / mo$15.83$15.83
Total monthly$1,609.76$1,766.84
Cash to close$0$20,500