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$189,473$195,300
Remaining term (yrs)25.030.0
Secondary amount$0$0
Funding fee$0$0
Note rate2.870%7.400%
Blended rate3.720%7.640%
1st payment$881.73$1,352.22
2nd payment$0.00$0.00
Taxes / mo$468.00$468.00
Insurance / mo$150.00$150.00
MI / mo$150.63$39.06
HOA / mo$224.33$224.33
Total monthly$1,874.69$2,233.61
Cash to close$27,527$21,700