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$163,276$169,920
Remaining term (yrs)28.930.0
Secondary amount$0$0
Funding fee$0$0
Note rate6.580%7.400%
Blended rate7.130%7.640%
1st payment$1,051.20$1,176.49
2nd payment$0.00$0.00
Taxes / mo$27.75$27.75
Insurance / mo$150.00$150.00
MI / mo$75.60$33.98
HOA / mo$0.00$0.00
Total monthly$1,304.55$1,388.23
Cash to close$25,524$18,880