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$199,414$193,950
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.130%7.400%
Blended rate6.680%7.640%
1st payment$1,269.91$1,342.87
2nd payment$0.00$0.00
Taxes / mo$315.42$315.42
Insurance / mo$150.00$150.00
MI / mo$95.74$38.79
HOA / mo$247.00$247.00
Total monthly$2,078.06$2,094.08
Cash to close$16,086$21,550