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$191,882$202,410
Remaining term (yrs)25.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate3.560%7.400%
Blended rate4.410%7.640%
1st payment$955.04$1,401.45
2nd payment$0.00$0.00
Taxes / mo$238.25$238.25
Insurance / mo$150.00$150.00
MI / mo$149.53$40.48
HOA / mo$0.00$0.00
Total monthly$1,492.82$1,830.18
Cash to close$33,018$22,490