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$180,961$189,000
Remaining term (yrs)25.730.0
Secondary amount$0$0
Funding fee$0$0
Note rate5.250%7.320%
Blended rate6.100%7.560%
1st payment$1,067.55$1,298.30
2nd payment$0.00$0.00
Taxes / mo$27.25$27.25
Insurance / mo$150.00$150.00
MI / mo$136.94$37.80
HOA / mo$279.00$279.00
Total monthly$1,660.74$1,792.35
Cash to close$29,039$21,000