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$190,594$197,100
Remaining term (yrs)24.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.790%7.320%
Blended rate3.640%7.560%
1st payment$895.62$1,353.94
2nd payment$0.00$0.00
Taxes / mo$128.17$128.17
Insurance / mo$150.00$150.00
MI / mo$154.59$39.42
HOA / mo$340.00$340.00
Total monthly$1,668.38$2,011.53
Cash to close$28,406$21,900