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$121,866$134,775
Remaining term (yrs)27.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate7.230%7.400%
Blended rate7.780%7.640%
1st payment$854.87$933.15
2nd payment$0.00$0.00
Taxes / mo$14.67$14.67
Insurance / mo$150.00$150.00
MI / mo$57.55$26.96
HOA / mo$0.00$0.00
Total monthly$1,077.08$1,124.78
Cash to close$27,884$14,975