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$141,658$152,100
Remaining term (yrs)26.430.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.500%7.320%
Blended rate7.050%7.560%
1st payment$934.03$1,044.82
2nd payment$0.00$0.00
Taxes / mo$232.50$232.50
Insurance / mo$150.00$150.00
MI / mo$67.73$30.42
HOA / mo$0.00$0.00
Total monthly$1,384.26$1,457.74
Cash to close$27,342$16,900